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JLL Negotiates $17.4M Sale of 172,500 SF Office Park in Cherry Hill, New Jersey

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Colwick Business Center in Cherry Hill, New Jersey, totals 172,500 square feet.

CHERRY HILL, N.J. — JLL has negotiated the $17.4 million sale of Colwick Business Center, a 172,500-square-foot office park located outside Philadelphia in Cherry Hill. The three-building property was 90 percent leased at the time of sale. An undisclosed Brooklyn-based firm acquired the portfolio from a joint venture between Endurance Real Estate Group and Blue Vista Capital Management. Brett Grifo, Jim Galbally, John Plower and Chad Orcutt of JLL brokered the deal.

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