Patrick McCabe of CB Richard Ellis represented Benenson Capital, a privately held real estate investor, developer and asset manager. The price represents $45.65 per sf.

As a pure land transaction, the price represented $350,000 per acre, and just over $8 per sf. The building formerly held a grocery store and an Eckerd drug store. It is close to Route 1, Route 276 and I-95.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.