SK Realty Sells West Deptford Industrial

100 Friars Blvd., Thorofare, NJ

THOROFARE, NJ—SK Realty Management has sold 100 Friars Boulevard, Thorofare, NJ, for an undisclosed price to Exeter Property Group . The property includes a 180,000-square-foot warehouse/distribution facility strategically located on 12.7 acres at Exit 20 of Interstate 295 in West Deptford, NJ. Before the sale, 100 Friars Boulevard was operated by Amerisource Bergen , a Fortune 20 global pharmaceutical distribution company. Earlier this year, Amerisource Bergen ceased operations at the warehouse, idling more than 70 workers. A Cushman & Wakefield team led by Matthew Marshall , managing director, and Jeffrey Williams , managing director, represented SK Realty Management in the transaction. Exeter Property Group was represented in-house by Henry Steinberg . “We are proud of our recent engagement by SK Realty Management in the sale of 100 Friars Boulevard in West Deptford,” says Marshall . “Our client gave us pricing parameters to meet, expectations for their closing schedule, and criteria for the quality of buyer they sought to purchase the asset, and we exceeded expectations in every category. In selecting Exeter Property Group as the buyer in this transaction, our sales process and closing ran professionally and efficiently.”