WCRE Brokers $9.5M Sale of Marlton Class A Office Space

MARLTON, NJ–Wolf Commercial Real Estate represented UR Lippincott DST in its acquisition of 402-404 Lippincott Drive in Marlton, NJ. The new ownership group purchased this fully occupied, 53,100-square-foot single tenant class A office building from Lippincott Real Estate Associates for $9.5 million. Jason Wolf, managing principal of WCRE, worked closely with both parties in this transaction.

“The property is in excellent condition, well designed with executive offices and many open collaborative areas,” Wolf tells GlobeSt.com exclusively. “The buildings were fully renovated in 2009 and delivered to the tenant with high-end finishes throughout. This is one of the nicest single-tenant headquarters properties in our region.”