Vantage Commercial on Oct. 16 said it sold a 5,000-square-foot free-standing building along a heavily trafficked thoroughfare in Cherry Hill.
Located at 1250 N. King’s Highway the property is the site of the former Vitarelli’s Restaurant and Catering Hall, and is set to be repositioned as a retail center.
It has excellent visibility and signage and is located in very close proximity to Routes 70 and 38.
Vantage Commercial Senior Advisor Corinne Giletto, Director of Operations Aran Ploshansky and Sale Associate Mike Gries worked together to help facilitate this transaction.
“With the location along a busy stretch of King’s Highway with close proximity to Route 70 and the Ellisburg Circle Shopping Center – we are confident the new owners are well-positioned for success,” Gries said.
Ploshansky saw the sale as characteristic of Vantage Commercial’s recent successes.
“Vantage’s headquarters is in Cherry Hill and we continue to strengthen our footprint in the region,” he said. “We are thrilled to facilitate innovation and transformation in the region by bringing new uses to older spaces and we look forward to continuing to do so.”