N.J. DAYCARE SELLS FOR $2.8M

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DELRAN, N.J. — Marcus & Millichap has brokered the sale of a 10,440-square-foot commercial property located in Delran. The building was constructed in 2008 as a build-to-suit for Kiddie Academy, which occupies it under a long-term, triple-net lease. Ben Sgambati and Alan Cafiero of Marcus & Millichap's New Jersey office represented the seller, a Midwest developer. Michael Lombardi, also of Marcus & Millichap represented the buyer, a local private investor.

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