CoreOne Industrial acquires six building, multi-state portfolio for $28 million
Norwalk, CT – CoreOne Industrial (COI), an industrial real estate investment company headquartered in Norwalk, CT, has purchased six (6) single tenant industrial assets for $28m. The 370,000 square foot portfolio consists of locations in Stratford, CT, Pennsauken NJ, Camp Hill, PA, Swedesboro, NJ, Blue Bell, PA and Vineland, NJ. The anchor asset of the portfolio is a 200,000 square foot distribution center located at 2145 Center Square Road in Swedesboro, NJ. All assets are 100% leased and have a strong history of tenancy. Joe Burton the president of COI said “Each of these assets are in historically strong industrial markets and the buildings have exact functionality we seek in our portfolio. The majority of the properties were acquired from owner/users and have been impeccably maintained. We were very fortunate to acquire these assets at a great cost basis in these future growth markets.”
About CoreOne Industrial CoreOne Industrial LLC ( www.coreoneind.com ) is a privately held real estate investment firm specializing in the acquisition, management, and potential redevelopment of both performing and underperforming properties in the United States. CoreOne was formed in March, 2020 and represents the partnering of Burton Real Estate and VanRock Properties. CoreOne is actively looking to grow its portfolio. Please contact Robert DePiero at (201) 739-4529 with any opportunities.