NEW JERSEY REAL ESTATE PORTFOLIO
1938 Olney Avenue, Cherry Hill
GTJ’s first acquisition of 2017 is a 109,771-square foot distribution and installation training facility situated on 10.6 acres located immediately off of Interstate 295 and Exit 4 of the New Jersey Turnpike. The building is 100% leased to Avalon Flooring, one of the largest floor-covering retailers in the nation. Avalon’s headquarters and flagship showroom are across the street from the property. 1938 Olney Avenue features 10,400-square feet of office space, 105 parking spaces, nine loading docks and three drive in doors, 15 – 25 foot clear height ceilings, and motion sensor LED lighting.