813 East Gate Drive in Mount Laurel — Courtesy: Rose Commercial Real Estate
By Joshua Burd
A local investor has acquired a 22,000-square-foot medical office building in Mount Laurel for $2.75 million, in a transaction arranged by Rose Commercial Real Estate.
The brokerage firm said the buyer, John DiPietropolo, purchased the property from Overbrook Partners LP as part of a 1031 exchange. The building at 813 East Gate Drive is home to three long-term tenants and provides easy access to Interstate 295, the New Jersey Turnpike and routes 73 and 38.
Rose Commercial Real Estate President Adam Rose represented DiPietropolo, a longtime residential investor who was making his first commercial purchase.
