Hersh Realty Group Arranges Sale of The Westampton Marketplace in Westampton, N.J.

WESTAMPTON, N.J. — Hersh Realty Group Commercial Real Estate (HRG) has arranged the $7.4 million sale of The Westampton Marketplace located at 483 Woodlane Road in Westampton. The Westampton Marketplace is a 32,140-square-foot Class A retail shopping center consisting of 24,000 square feet of inline retail space and an 8,300-square-foot freestanding Family Dollar situated on 8.3 acres. Additional pad sites are available for future development. The center, built in 2008, is located near I-295 and the New Jersey Turnpike. In addition to Family Dollar, other tenants located at the center include Subway, Scotto Pizza, a nail salon and a daycare center. Seth Hersh of HRG was the sole broker involved in the transaction and represented the seller, a private local real estate investment group. The buyer was a private real estate investment group located in the New York area.