Tag: Vantage Commercial

Vantage Commercial on Aug. 27 announced it sold a stand-alone retail building located at 470 Route 38 in Maple Shade.

Owner Overbrook Associates hired Vantage to represent and ultimately sell the asset that had been in the family for more than 40 years.

The 5,428-square-foot building is centrally located along a heavily trafficked stretch of Route 38, midway between the Cherry Hill Mall and Moorestown Mall.

Ken Richardson, executive director at Vantage Commercial, worked with Overbrook Associates to locate an ideal buyer for the property, as well as a lawyer, contractor and maintenance company.

Vantage represented both the buyer and seller in this transaction.

Vantage Commercial said Aug. 5 that it sold an office building and lab in Cherry Hill.

The 4,320-square-foot facility will be utilized as a light manufacturing building with both offices and a lab. Vantage Commercial Executive Director Ken Richardson and Senior Advisor Corinne Giletto worked with both the seller, Sun Biotech, and the buyer, Hudak Infrastructure Repair Systems LLC, to negotiate a favorable deal for both parties.

Located at 5 Allison Drive, the building is easily accessible to Interstate 295 and Route 70.

Hudak Chief Financial Officer Perry Frank served as the lead party on the buyer’s side. Bill Chiu led the sale for Sun Biotech.

“Vantage was able to secure a buyer for our building very efficiently during the pandemic. This was a win/win for both us and the buyer,” Chiu stated.