The 50,000 square foot industrial facility, situated on 2.5
acres, was sold for the owner Coren-Indik, Inc. and purchased by Oliver-Tolas
Healthcare Packaging, Inc. The new owner plans to renovate the building
and use the facility to house their expanding operations. The location,
near Street Road and U.S. Route 1, provides easy access for both employees and
trucks.
The strong interest in the property in the last
several months indicates improvement in the industrial real estate
market. “The previous owner out-grew the building and the new owner is
expanding into it. This business growth is a welcome sign of our
strengthening economy and improving industrial real estate
market.”
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