The former Kirby Brothers Inc. Feed building at 67 North Main St. in Medford — Courtesy: Rose Commercial Real Estate
By Joshua Burd
A local investor has acquired a 50,000-square-foot retail and industrial building in Burlington County, in one of several newly announced transactions by Rose Commercial Real Estate.
The brokerage firm represented the buyer, Overbrook Partners, in a purchase that spanned 4 and 5 North Broad St. and 18 and 24 Charles St. in Medford. The property is located just behind the distinctive Kirby Brothers Inc. feed building, making it a key site in the planned improvements to the township’s Main Street.
Rose Commercial President Adam Rose and Jeffrey Lucas, the firm’s director of business development, completed the transaction with seller Randy Lahn. The team also represented Overlook Partners in securing long-term leases with three tenants at the former Kirby Brothers building, located at 67 North Main St., for a combined 13,255 square feet.
The tenants include Whole Hog Café, Harvest Coffee and Kings Road Brewery Company, according to a news release. Rose noted that the second floor has 3,500 square feet of vacant space and is ideal for office or retail prospects to co-exist, adding that its team worked hand in hand with local officials to plan and create a new mixed-use concept at the property.
“Medford Township was a tremendous partner with us,” the buyer and brokers said in a joint statement. “It was a complete team effort.”