Velocity Ventures Making Acquisitions at Fast Clip in 2019
The building is tenanted by Rosenberger, a multinational manufacturing firm headquartered in Germany specializing in high-frequency and fiber-optic technologies. The Pennsauken location provides custom machining products such as microwave parts, custom chassis, conductive gaskets, antenna elements and glass to metal sealing.
With this transaction, Colliers continues its successful track record of sales in Pennsauken, and the 24th completed sale of the team in the past 18 months in Camden County, New Jersey. Notably, it is also the seventh building Velocity Ventures has purchased through Colliers in the Pennsauken market this year.
For further information, contact:
Ian Richman, Senior Managing Director +1 856 414 1257 | Ian.Richman@colliers.com
Colliers International (NASDAQ, TSX: CIGI) is a leading global real estate services and investment management company. With operations in 68 countries, our 14,000 enterprising people work collaboratively to provide expert advice and services to maximize the value of property for real estate occupiers, owners and investors. For more than 20 years, our experienced leadership team, owning more than 40% of our equity, have delivered industry-leading investment returns for shareholders. In 2018, corporate revenues were $2.8 billion ($3.3 billion including affiliates), with more than $26 billion of assets under management.