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Vantage Commercial Announces Successful Industrial Sale in Collingswood

Posted on September 15, 2022

Vantage Commercial is thrilled to announce another successful industrial sale, this time in Collingswood, NJ.  The property, a +/- 10,000 SF warehouse and flex space, is located at 35 E. Crescent Street. The property is centrally located with close proximity to Route 130.

Peter Abdallah, Director of Client Services, and Mike Gries, Advisor at Vantage Commercial, represented the seller in the transaction.  Through their efforts they delivered an ideal result; the property sold for the seller’s full asking price and it was under contract within two months of hitting the market.

“The buyer was initially skeptical that we could bring him the price at which we listed his property.  But our analysis of sector trends and comparable sales gave us the comfort that we could deliver for him and that is exactly what we did,” stated Abdallah

For his part, Gries said, “The industrial market remains exceptionally thin in terms of availability.  So, this property represented an attractive opportunity for us.  Peter and I were in an excellent position in which to maximize profit for the client and get it done in a timely manner.”

Inquire about listing your property with our team at info@vantageres.com or call us at 856-797-1919.

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