Login

Liberty Buys in Swedesboro

$12.8M Investment Purchase Made in Jersey
By Michael Hajjar
July 31, 2003 | 6:55 P.M.

Liberty Property Trust purchased 11 Technology Dr. in Swedesboro, NJ. The 384,000-square-foot, 1-story industrial complex is part of the Northeast Business Center. Frank A. Greek & Son Inc. sold the building, along with the 48-acre plot that it sits on, for $12.8 million, or $33 per square foot. The seller, an East Brunswick, NJ-based company, supervised the development and construction of this property in 2000. It features more than 50 loading docks, a drive-in bay, heavy power service of 800 amps and ESFR fire protection service. La Brea Bakery Co., a California-based producer and distributor of bread products and packaged pastries, currently leases roughly half of the space in the building. William Goodwin of CB Richard Ellis was the sole broker.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE