WCRE FACILITATES SALE OF LIBERTY PROPERTY TRUST’S
CAMPING WORLD BUILDING AT PURELAND COMPLEX
May 2, 2013 – Voorhees, NJ – WCRE is proud to have successfully represented 602 Heron Drive, LLC in its acquisition of 602 Heron Drive, Bridgeport, NJ. The new ownership group purchased this fully occupied, single tenant retail/warehouse facility from Liberty Property Trust (NYSE: LRY). Jason Wolf, founder and principal of WCRE, represented the buyer.
602 Heron Drive is a 26,450-square-foot retail and warehouse building located within the Pureland Complex in Bridgeport, Gloucester County, New Jersey. Located off of Exit 10 of I-295 with excellent highway visibility, Pureland is one of the largest industrial parks on the east coast, with more than eleven million square feet of distribution, manufacturing, and light industrial space on 3,000 acres.
Liberty Property Trust developed this site in 1996 as a build-to-suit special purpose facility for Camping World, America’s #1 source for RVs, camping accessories, and RV maintenance and repair. It was put on the market as a result of Liberty Property Trust’s ongoing portfolio realignment process. Camping World will remain in place as the sole tenant.
“Our client was seeking a longterm income producing property with a quality tenant. I am very happy that we helped them find an ideal fit in a growing part of our region,” said WCRE’s Wolf.
WCRE is a full-service commercial real estate brokerage and advisory firm specializing in office, retail, industrial and investment properties. We provide a complete range of real estate services to commercial property owners, companies, and investors seeking the highest quality of service, proven expertise, and a total commitment to client-focused relationships. Through our intensive focus on our clients’ business goals, our commitment to the community, and our highly personal approach to client service, WCRE is creating a new culture and a higher standard. We go well beyond helping with property transactions and serve as a strategic partner invested in your long term growth and success.
Learn more about WCRE online at www.wolfcre.com, on Twitter @WCRE1, and on Facebook at Wolf
Commercial Real Estate, LLC.