Moorestown-based real estate investment firm Strategic Funding Alternatives announced on Friday it has acquired an eight-building business center in Mount Laurel.
The East Gate Business Center, located at 125-139 Gaither Drive, sits on 9 acres with 115,773 square feet of office/flex space. It is currently 90% occupied.
“As we continue to expand our footprint in the South Jersey commercial real estate market, the East Gate Business Center represents further diversification within our property portfolio,” Jeffery Schneider, managing principal, SFA, said.
SFA said it plans to make improvements at the center, including upgrades to signage, common area and landscape.
“The mix of office and flex space allows us to reach a greater audience and meet the demands of local businesses,” Schneider said.
Financial terms were not disclosed.
