Thursday, October 3, 2013

Cooper Center Sold for $10.5M

Cooper Park Associates, LP acquired six multi-tenant office and flex properties known as Cooper Center and Cooper Center West in Pennsauken, NJ. The Bloom Organization sold the properties for $10.5 million, or about $75 per square foot. 

Totaling 136,940 square feet, the buildings were constructed in the mid 1970's. At the time of closing the asset was reportedly 94 percent leased.

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