NEWS /11-6-2019
Strategic Funding Alternatives, LLC Acquires Woodland Falls Corporate Park in Cherry Hill, New Jersey. The Three-Building 218,159 Square Foot Complex Marks the Firm’s Largest Acquisition To Date
November 6, 2019 – Moorestown, NJ – Strategic Funding Alternatives, LLC (SFA), a privately held commercial real estate investment firm, announced its acquisition of Woodland Falls Corporate Center on Lake Drive East and Route 38 in Cherry Hill, New Jersey. Located on a 17 acres, the three building complex at 200/210/220 Lake Drive East combine for a total of 218,159 square feet of Class A office space. The Corporate Park currently boasts an approximate occupancy rate of 97% and is home to tenants that include PNC Bank, Corcentric LLC, Ballard Spahr LLP, 1st Colonial Community Bank and M&T Bank.
Says SFA Managing Principal, Jeffery Schneider, “With its convenient location and parklike setting, Woodland Falls has been a long sought after corporate park and we look forward to further strengthening its appeal.” SFA already has plans for common area and landscaping improvements to Class A office complex. Of the firm’s largest acquisition to date, Schneider goes on to add, “we are excited to add such a premier site to our property portfolio.”
Strategic Funding Alternatives, LLC (SFA) is a privately held commercial real estate investment firm located in Moorestown, NJ. Founded in 2016, SFA has become one of the fastest growing firms in the South Jersey market with 23 properties and 1,000,000+ square feet. The company’s investment division raises and places equity in undervalued commercial office complexes, optimizing performance through acquisitions with value-add capital improvement opportunities and providing investors with discretion over individual assets, regular quarterly income and long-term capital appreciation. For its commercial portfolio, SFA offers full-service property management, including leasing, construction and comprehensive tenant-related services. SFA embraces its corporate social responsibility and the firm actively supports many local, regional and national organizations. For more information, visit SFAlts.com or call (856) 437-6196.