57
TURNERSVILLE, N.J. — Marcus & Millichap has brokered the sale of Peppercorn Plaza, a 22,930-square-foot retail center located at 5501 Black Horse Pike in Turnersville, for $4 million. The property is anchored by Sherwin-Williams. Dean Zang, Chris Munley and Mark Taylor of the Philadelphia office of Marcus & Millichap represented the seller, Streamwood Associates/Turnersville LLC. Marcus & Millichap, along with Ronald McGee of Robson Goldberg Real Estate, represented the 1031 buyer, Primo Properties LLC. The shopping center traded at a 6.58 percent cap rate and a price of $174.44 per square foot.