Rose Commercial Real Estate is helping shape the transformation of downtown Medford, it said this week, negotiating a building sale and a series of lease transactions in the Burlington County township.
In the first deal, Marlton-based Rose Commercial’s Adam Rose, president, and Jeffrey Lucas, director of business development, represented a local ownership group, Overbrook Partners — led by Tristan Sylk — in the purchase of 2, 4 & 5 N. Broad St./18 & 24 Charles St., a 50,000-square-foot retail and industrial building. The building, which is located just behind the landmark Kirby Brothers Inc. Feed property, was sold by Randy Lahn of Lahn Associates Inc.
In the second deal, Rose and Lucas negotiated three long-term leases for the Kirby Brothers property at 67 N. Main St., also owned by Overbrook Partners. At the 13,255-square-foot retail and office building, slated to open in summer 2021, Whole Hog Café, Harvest Coffee and Kings Road Brewery Co. all signed on.
“Medford Township was a tremendous partner with us,” Overbrook and Rose Commercial said in a joint statement. “It was a complete team effort.”
The second floor of the Kirby Brothers property, totaling 3,500 square feet, remains available for lease, as does the two-story, 2,390-square-foot building next door at 57 N. Main St., Rose noted.