The View at Marlton was 98 p.c leased on the time of sale.
MARLTON, N.J. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the sale of The View at Marlton, a 91,000-square-foot procuring middle in Southern New Jersey. The gross sales value was $36.5 million. LA Health anchors the middle, which was initially inbuilt 2017 and was 98 p.c leased on the time of sale. Different tenants embrace Truist Monetary Corp., Restore Cryotherapy and Smoothie King. Brad Nathanson of IPA represented the vendor, a partnership between Philadelphia-based corporations Abrams Realty & Improvement and Lazgor Co., within the transaction. Nathanson additionally procured the client, Paramount Realty Providers, which acquired the asset by way of a 1031 change.
