215 Crown Point Rd
Thorofare, NJ 08086
NNN Mid Atlantic Corporate Center · Office Property For Sale

"CBRE, Inc. (""CBRE"") is pleased to present the opportunity to acquire 155 Mid Atlantic Parkway (the ""Subject"" or ""Property""), a 35,171 square foot office building which is 100% leased to the Northland Group. Radius Global Solutions (RGS) merged with the Northland Group in November 2016. The Property features 8 parking spaces per 1,000 square feet. The Property is located in Gloucester County, West Deptford Township, New Jersey. The office building benefits from an excellent location, with immediate access to Interstate 295 and within minutes of the NJ Turnpike and all major bridges to Philadelphia. The building was originally constructed in 2001 consisting of 22,596 square feet and was then expanded by 12,575 square feet in 2007 for a total of 35,171 square feet. 155 Mid Atlantic Parkway sits on 6.88 acres. The current configuration features a combination of an open floor plan with several private offices. Mid Atlantic Corporate Center was developed by the renowned developer Willard Rouse. The park consists of 50 buildings totaling approximately 2,850,000 square feet. The current vacancy rate in Mid Atlantic Corporate Center is approximately 7%. The majority of the development is comprised of industrial and flex buildings with a limited number of office buildings. 155 Mid Atlantic offering 35,171 square feet of office space should be in high demand for office users looking to maintain a presence in Mid Atlantic Corporate Center. Gloucester County’s economy continues to grow as demand for real estate strengthens. For the investor, the subject property offers a strong regional location with immediate access to a network of highways. The property is being offered free and clear of existing debt which allows the investor to take advantage of historically low-interest rates.