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Faropoint Pays Over $29 Million for South Jersey Light Industrial Portfolio

Deal Includes Four Development Parcels With Expansion Potential of Nearly 125,000 Square Feet
Notable tenants located within Runnemede Corporate Center include Stryker Orthopaedics, Cintas Corporation, Scotts Lawn Service, GardaWorld and United Rentals Realty. (CBRE)
Notable tenants located within Runnemede Corporate Center include Stryker Orthopaedics, Cintas Corporation, Scotts Lawn Service, GardaWorld and United Rentals Realty. (CBRE)
By Spencer Billups
CoStar Research
January 4, 2021 | 4:00 P.M.

Industrial investment firm Faropoint has purchased Runnemede Corporate Center, a seven-building light industrial portfolio in Runnemede, New Jersey, for $29.37 million.

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News | Faropoint Pays Over $29 Million for South Jersey Light Industrial Portfolio