353 Crider Ave. in Moorestown — Courtesy: Colliers International
By Joshua Burd
A joint venture has purchased a nearly 23,000-square-foot warehouse in Moorestown, under a transaction arranged by Colliers International.
In a news release, the brokerage firm said Quinlan Development Group and Atrium Real Estate Group paid an undisclosed sum for the property at 353 Crider Ave. The deal follows an extensive renovation of the property over the past year that has resulted in a new roof, parking lot and offices and a refresh of the warehouse space.
Ian Richman of Colliers’ Mount Laurel office brokered the sale. He noted that, prior to the deal, the firm had leased the 22,500-square-foot property to medical supplies distributor Yzer.