HomeReal Estate & DevelopmentVantage Commercial facilitate quick sale of occupied bank building in Pleasantville

Vantage Commercial facilitate quick sale of occupied bank building in Pleasantville

Vantage Commercial has closed on the sale of a prominent, occupied bank building located at 15 W. West Jersey Avenue in Pleasantville.

The transaction was completed in roughly five weeks, delivering a mutually beneficial outcome for both the buyer and the seller.

Currently occupied by First Harvest Credit Union, the property was sold to new ownership, and leased back to the credit union who will continue to occupy the space under a newly signed, long-term lease agreement. This continuity ensures stability for the new owner while providing First Harvest Credit Union with a reliable and secure location to continue serving its members.

The seller was represented by Vantage Commercial’s team of John Doss, Ken Richardson and Emily Stein, who expertly navigated the complexities of this deal. Despite the compressed timeline, the transaction was executed seamlessly, demonstrating the firm’s proficiency in handling high stakes deals with efficiency and attention to detail.

“We are thrilled to have been part of this successful transaction,” Doss, senior advisor at Vantage Commercial said. “Our team’s deep understanding of the market and ability to move quickly made this a win-win situation for both parties. We are excited to see First Harvest Credit Union continue its operations in the building under its new ownership.”

 

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