515 Grove Street, Haddon Heights, NJ
WCRE | CORFAC International is pleased to announce the investment sale of Grove Street Office Plaza at 515 Grove Street in Haddon Heights, New Jersey.
515 Grove Street Associates, LLC sold the 44,000 square foot multi-tenant office property to Haddon Executive Suites LLC, a regional real estate investor.
The multi-tenant office property features an established tenant base, including professional service businesses. Its existing tenancy and long-term leasing commitments provide an attractive foundation for investment ownership.
Located along White Horse Pike (Route 30), the property offers excellent visibility and convenient access to surrounding South Jersey communities. Its proximity to Interstate 295, the New Jersey Turnpike, and the Haddonfield PATCO station further strengthens its regional accessibility.
The transaction comes as commercial real estate investment activity shows signs of stabilization throughout the Greater Philadelphia region. Greater alignment between buyers and sellers is helping transactions advance, while investors remain focused on property fundamentals and long-term value.
Grove Street Office Plaza represents the type of established suburban office asset that can appeal to regional investors. Its existing tenant relationships, accessible location, and proximity to desirable communities contribute to its long-term investment potential.
WCRE’s Vice President, Ryan Barikian, represented both the buyer and seller in the transaction.
