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HFF acquires financing for Burton buy

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103 Central, Mount Laurel
103 Central, Mount Laurel - ()

Holliday Fenoglio Fower LP has acquired financing on behalf of Burton Real Estate for warehouse and distribution center 103 Central in Mount Laurel.

HFF’s debt placement team, including Managing Director Michael Klein, represented Burton in securing a two year floating-rate loan, with one year extension.

103 Central is an 112,000-square-foot Class B+ space on a little more than 5.5 acres.

Burton plans to lease the property, which is currently at 74 percent occupancy.

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Jessica Perry

Jessica Perry

Jessica is the Web Editor for NJBIZ. You can reach her at jperry@njbiz.com.

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