Secrecy. It can be one of those quirks of the commercial real estate industry.
Sellers and buyers don’t need to disclose their names — or their intentions.
Take 515 Williamstown Road in Sicklerville in Camden County — a location with accessibility and visibility, making it an ideal choice for businesses seeking to establish or expand their operations in the region.
Its proximity to major transportation routes, thriving commercial centers and a strong consumer base make it a desirable asset for entrepreneurs aiming to maximize their business potential.
That’s why a local buyer recently picked it up, Vantage Commercial said. No price was given.
The location, which had served previously as a dry cleaner, has been acquired by a local business owner, marking a significant step toward expanding its distribution capacity.
The local business owner, who prefers to remain anonymous at this time, expressed their excitement regarding the purchase. The expanded distribution capacity provided by the property will enable the company to better serve its customers, meet growing demand and enhance their overall operational efficiency.
Ken Richardson, a vice president at Vantage who represented both the buyer and seller in this transaction, said good things are ahead.
“We are thrilled to have facilitated the sale of this exceptional commercial property to a local business owner,” Richardson said. “The buyer’s vision for expansion aligns perfectly with the property’s potential, and we are confident that their investment will yield fruitful results. It has been a pleasure representing both parties in this transaction, and we remain committed to delivering outstanding real estate solutions to our clients.”
One day, we’ll find out just what that is.