Strategic Funding Alternatives, LLC, a privately held commercial real estate investment and property management company, recently acquired 5000 Dearborn Circle – a 56,016 square foot Class B, one story, multi-tenant office building in Mt. Laurel. The firm has plans for several capital improvements, including a new building façade, greater signage, updated restrooms and renovated common areas. With the refreshed look and easy access to Route 73, Interstate-295 and the New Jersey Turnpike, SFA is targeting a number of prominent companies to complement the existing tenant base.
“We’ve had our eye on this Dearborn property for some time now,” said SFA Managing Principal Jeffery Schneider. “Dearborn fits SFA’s value-add focus of a prominent office property in an excellent location on Route 38. It’s a great addition to our core holdings in Moorestown and Mt. Laurel.”
The sale between SFA and Greenfield Properties, who was represented by Somerset Properties, closed on June 13.
Strategic Funding Alternatives, LLC is a privately held commercial real estate investment and property management company located in Moorestown. For more information, visit SFAlts.com or call (856) 437-6196.