Shopping center

Mall anchored at 7-Eleven sells for $4.9 million

3163 Marne Highway in Mount Laurel is a 30,000 square foot shopping center anchored by a 7-Eleven. – CUSHMAN & WAKEFIELD

Just a mile and a half off Exit 40 on Interstate 295, a 30,327 square foot mall in Mount Laurel recently sold for $4.9 million.

Cushman & Wakefield announced the November 9 sale of the property located at 3163 Marne Highway in the County Municipality of Burlington.

A team consisting of Managing Director Andrew Schwartz, Director Jordan Sobel and Senior Partner Andre Balthazard represented the seller in the transaction – Mt. Laurel Center LLC, a subsidiary of The Becker Organization – and recruited the buyer, 3163 Holdings LLC.

“The property is ideally located in a vibrant neighborhood with abundant commercial offerings and a significant corporate presence,” Schwartz said in a statement. “The center is anchored by 7-Eleven and benefits from a diverse rental register of 12 tenants.”

Located on 4.37 acres, the complex includes 157 parking spaces.

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