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Real Estate & Development

Rose CRE arranges $5.4M buy of Bridgeboro Shopping Center in Moorestown

By Rich Pizzutillo

Rose Commercial Real Estate announced on Thursday it represented Universal Building & Construction in the $5.4 million purchase of the Bridgeboro Shopping Center in Moorestown.

Rose CRE’s Adam Rose, president, brokered the deal on behalf of the buyer, who was seeking an investment opportunity with long-term tenants, a good cap rate and high net operating income.

The 23,228-square-foot multitenant strip center located 80-88 Hartford Road has a mix of tenants including The Goddard School, Investors Bank, Hartford Market, HQ Cleaners, Delran Pharmacy and a nail salon.

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Rich Pizzutillo
rpizzutillo@marketsmithinc.com

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