BINSWANGER NAMED EXCLUSIVE AGENT BY BLACKWOOD REDEVELOPMENT CO, INC. FOR A 54,530 SQ. FT. MULTI-TENANTED CATERING FACILITY WITH LIQUOR LICENSE INCLUDED
BLACKWOOD, NJ– December 6, 2019 – Binswanger Commercial Real Estate Services, an innovator in commercial real estate since 1931, has been selected to exclusively represent Blackwood Redevelopment Co, Inc. for the sale of a 54,530 sq. ft. multi-tenanted facility on 6.198 acres. The property is located at 109 N. Black Horse Pike in Blackwood, New Jersey.
Approximately 30,000 square feet of the facility is a “plug and play” catering hall, with three catering rooms, multiple bridal suites, and a private office. The remainder of the facility is leased to several tenants. Included in the sale is a liquor license with an estimated value of $400,000.
“This property is within the Blackwood Redevelopment Zone and is ideal for an existing catering company that would like to establish a presence in Gloucester Township,” said Binswanger Vice President, Mike Torsiello. “The site also has great potential for other allowable uses, including retail sales, restaurants, or offices.”
The property fronts on Black Horse Pike and Pennsylvania Avenue and is served by NJ Transit Bus Route 819. The property is just three minutes away from the Church Street exit off Route 42 and only eleven miles to Center City Philadelphia.
Tours of the property can be scheduled by contacting Mike Torsiello at 215.448.6210. For more information, visit properties.binswanger.com/109bhorse.
Binswanger, a global leader in full-service commercial real estate, has been helping its clients realize their full real estate potential since 1931. Founded by real estate innovator and pioneer, Frank Binswanger Sr., the company operates with the understanding that real estate has the ability to strengthen businesses and transform communities. The company offers a variety of services benefitting both owners and occupiers including global real estate brokerage, location consulting, investment sales, tenant representation, corporate advisory, strategic consulting and a variety of management services. Having worked with more than half of the Fortune 500, the employee-owned company has long been known as the industry leader in the acquisition and disposition of industrial and commercial facilities around the globe. For more information, please visit www.binswanger.com.