MARLTON, NEW JERSEY [July 24, 2019] – Vantage Real Estate Services (Vantage RES) is pleased to announce the sale of Merchantville Diner located at 24 S. Centre St., in Merchantville, New Jersey. The property is currently operating as a well-established diner, and the sale included both the business and income producing rental apartments on the second floor.
Peter Abdallah, Vice president at Vantage RES, represented the sellers, Merchantville Star, LLC and was instrumental in negotiating and completing this deal. By using an aggressive, grassroots approach, the commercial real estate brokerage firm was able to find a buyer, negotiate mutually beneficial terms among all parties, and coordinate what would be a complicated deal into a successful sale.
The diner is located in the heart of Merchantville, between Cherry Hill and Pennsauken and is in close proximity to Routes 70 and 130. The property’s high-visibility location within close proximity to Route 130, Chapel Avenue and the Cherry Hill Mall, made it an attractive investment opportunity for the new owner.
# # #
About Vantage RES: Headquartered in Marlton, NJ, Vantage Real Estate Services (Vantage RES) is a full-service commercial real estate brokerage and advisory firm serving South Jersey, Philadelphia and Eastern Pennsylvania. Vantage RES specializes in all aspects of commercial real estate including: Landlord Representation, Tenant Representation, Healthcare Real Estate Services, Investment Sales and Acquisitions, Land Sales and Development, Property Management, Property Valuations and Advisory. Vantage RES is guided by the core belief that in order to achieve success, we must think like a client but perform like a partner. We have the right team in place to service any commercial real estate project and we work hard to achieve our client’s goals. Each member of the Vantage RES team brings a unique background and perspective to the market. Combined, we have tremendous, unmatched experience that shows in our success in the CRE market in New Jersey and Pennsylvania.
To learn more about our team, services, or to contact us, please visit www.VantageRES.com