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Wharton Industrial, a platform of real estate investment firm Wharton Equity Partners, has acquired six industrial properties in Southern New Jersey. The purchase prices were not disclosed.
The acquisitions include a three-building, 153,400-square-foot portfolio located in Pennsauken, N.J. which Wharton Industrial acquired with Walton Street Capital. The portfolio is located within Wharton Industrial’s Twinbridge Industrial Park, a 1.1 million-square foot, 32-building warehouse complex which it acquired last year with Walton Street. The 100 percent occupied park is located just off Route 73, a short drive from I-295 and the New Jersey Turnpike. Tom Palumbo and Bill Sitar of Sitar Realty served as brokers for the sale.
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Dallas, TX, Jan. 12, 2021 (GLOBE NEWSWIRE) H. Ross Ford, president and CEO of TCN Worldwide, is pleased to announce Gerald F. Sullivan, Principal and Managing Broker of PW Commercial/TCN Worldwide in Chicago, has been elected Chairman of the TCN Worldwide Board of Directors. Originally elected to the Board of Directors in 2015, Mr. Sullivan has served as the Vice-Chairman for the past three years. We are very pleased to announce Gerald Sullivan as the Chairman of TCN Worldwide s Board of Directors, stated Ross Ford. Jerry s impressive background and stellar reputation within the industry as well as his continued commitment to our organization sets him apart as one of the industry s most impressive leaders. PW Commercial has been a member of TCN Worldwide for 10 years and we are proud to have someone of Jerry s caliber help lead TCN Worldwide as our current Chairman. TCN Worldwide is committed to equipping its members with the necessary tools and resources to help them