FLYNN BROKERS $8.27 MILLION INDUSTRIAL SALE

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THOROFARE, N.J. — Philadelphia-based The Flynn Company has brokered the sale of a 179,785-square-foot industrial facility, located at 1370 Imperial Way in Thorofare, for $8.27 million. The property is situated on 9.91 acres within MidAtlantic Corporate Center. David Ricci of Flynn represented the seller, Cobalt Industrial Partners LP, which is a private real estate investment trust operated by Dallas-based Cobalt Capital Partners. Ricci also represented the buyers, 1370 Imperial Way Associates LLC and GAMIJE 1370 Associates LLC. The facility has subsequently been leased to Camden International Commodities Terminal.

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