SDK BUYS TENBY CHASE APARTMENTS IN NEW JERSEY FOR $37.5M

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DELRAN, N.J. — SDK Apartments has acquired Tenby Chase Apartments, a 327-unit garden-style community in Delran, for $37.5 million. The property is 98 percent leased and units average 1,387 square feet. Amenities include an outdoor pool, playground and tennis court. Jose Cruz, Andrew Scandalios, Kevin O'Hearn, Jeffrey Julien and Michael Oliver led the HFF team that represented the seller, Pantzer Properties, in the transaction.

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