WCRE is proud to announce the sale of 110 Richardson Avenue, an 11,000 square foot office located in Swedesboro, Gloucester County, New Jersey.
Located near Locke Avenue Park, with quick access to Auburn Road, Route 55 and the NJ Turnpike. The building has been home to a state licensed facility for Bancroft, who will relocate this site to a larger site on Beckett Road. WCRE facilitated the Beckett Road lease for Bancroft in 2023. The new owner will relocate its business into the building once the Bancroft relocation takes place.
“This was a unique project for us. We presented WCRE with a list of needs and a strict timeline to ensure that our new facility was completed and licensed before we could vacate our current site,” said Jennifer Cripps, Bancroft’s CFO. “The WCRE team formulated a comprehensive plan, which included the ability to make adjustments as needed. In the end, he successfully helped us coordinate a smooth transition of our old space while finding us a new home for our dynamic day and vocational program for adults with disabilities.”
This sale marks another significant addition to WCRE’s expanding portfolio of accomplished office transactions in the South Jersey and Philadelphia region.
Evan Zweben, Executive Vice President at WCRE, represented the seller in this transaction.