93 Cooper Road in Voorhees — Courtesy: Rose Commercial Real Estate
By Joshua Burd
A contractor has acquired a 20,000-square-foot medical office building in Voorhees for more than $3.6 million, under a newly announced transaction by Rose Commercial Real Estate.
The brokerage firm said it represented the buyer, Dugan Construction Co. Inc., in its purchase of 93 Cooper Road. The contractor acquired the property from VRI Cooper Road Associates LLC, paying $3.635 million as part of a 1031 exchange.
Rose Commercial Vice President Brett Davidoff completed the transaction.
The property is currently home to The Endo Center at Voorhees and NovaCare Rehabilitation, both long-term, stable tenants, according to a news release.