"Springdale Center LLC purchased the Springdale Plaza shopping center at 1900 Green Tree & Springdale Rd. in Cherry Hill, NJ for $5 million, or about $119 per square foot.
The 42,000-square-foot neighborhood center offers such services as dry cleaning, banking, restaurants, a salon and other retail shops. It was built in 1972 and sits on 5 acres in the South Camden County submarket of Philadelphia.
The property was 80 percent leased at the time of sale. The buyers of this property plan to update and modernize the center."
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