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For Further Information Contact: Media Contact:
Matthew Marshall
Managing Director
+1 610 729 3010
Karen N.M. Mooney
Senior Marketing Associate
+1 215 963 4095
Cushman & Wakefield Completes Sale of 100 Friars Boulevard in
West Deptford, New Jersey
PHILADELPHIA, July 19, 2016 – Cushman & Wakefield announced today that it represented SK Realty
Management on the sale of 100 Friars Boulevard for an undisclosed price to Exeter Property Group.
The property includes a 180,000-square-foot warehouse/distribution facility strategically located on 12.7
acres at the I-295 (Thorofare - Exit 20) in West Deptford, NJ. Prior to the sale, 100 Friars Boulevard was
operated by a Fortune 20 global pharmaceutical distribution company.
A Cushman & Wakefield team led by Matthew Marshall, Managing Director, and Jeffrey Williams, Managing
Director, represented SK Realty Management in the transaction. Exeter Property Group was represented in-
house by Henry Steinberg.
Sam Kirschenbaum, CEO of SK Realty Management stated that “Cushman & Wakefield did an excellent job
executing this transaction.”
Cushman & Wakefield’s Marshall affirmed, “We are proud of our recent engagement by SK Realty
Management in the sale of 100 Friars Boulevard in West Deptford. Our client gave us pricing parameters to
meet, expectations for their closing schedule, and criteria for the quality of buyer they sought to purchase the
asset, and we exceeded expectations in every category. In selecting Exeter Property Group as the buyer in
this transaction, our sales process and closing ran professionally and efficiently.”
###
About SK Realty Management
SK Realty Management (“SKRM”) is a real estate investment group specializing in the purchase of
warehouse/distribution centers in the Northeast and Midwest. Since its inception, SKRM has delivered
transaction returns of over 50% on non-core assets. SKRM’s current portfolio is in excess of $150,000,000 of
real estate assets.
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people
work, shop, and live. Our 43,000 employees in more than 60 countries help investors and occupiers optimize
the value of their real estate by combining our global perspective and deep local knowledge with an
impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real
estate services firms with revenue of $5 billion across core services of agency leasing, asset services, capital
markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ
Investors), project & development services, tenant representation, and valuation & advisory. To learn more,
visit www.cushmanwakefield.com or follow @CushWake on Twitter.
For Immediate Release