Colliers Facilitates Sale of Two Office Buildings in Marlton, New Jersey, for $7.5M
Citizens Bank, Advocare, South Jersey Fertility and the General Services Administration are tenants at the two office buildings at 400 and 406 Lippincott Drive in Marlton, N.J.
MARLTON, N.J. — Colliers International has arranged the sale of two office properties located at 400 and 406 Lippincott Drive within the South Crossing Office Complex in Marlton. LSOP 3 NJ LLC, a related entity of Somerset Properties and Greenfield, sold the assets for $7.5 million. Citizens Bank, Advocare, South Jersey Fertility and the General Services Administration occupy the buildings, which total more than 80,000 rentable square feet. Evan Zweben and Ian Richman of Colliers represented the undisclosed buyer, while the seller had in-house representation.