PENNSAUKEN – New owners will bring dramatic changes to two buildings recently vacated by a pet-food maker here.
The industrial buildings, formerly occupied by Simmons Pet Food, will be used to store kosher wine and to make and distribute furniture.
The two deals had a combined value of $18 million.
A division of Kayco, a Bayonne-based kosher food producer, paid $7.4 million for a 189,500-square-foot warehouse at 9130 Griffith Morgan Lane.
The building includes more than 20,000 square feet of cold storage space and 16,000 square feet of office space, the statement said.
A Kayco affiliate, Kenover Marketing, will operate a subsidiary, Royal Wine, from the Pennsauken site.
In the other transaction, K&B Furniture of New York City paid $10.6 million for a Simmons plant at 6851 River Road.
The Bronx company plans to make and distribute furniture from the 201,000-square-foot building, which includes 4,000 square feet of office space.
Representatives of Kayco and KB could not be reached for contact Tuesday.
Simmons Pet Food closed the Pennsauken plants in August when it moved production to a new high-speed line in Emporia, Kansas.
For more information about Pennsauken industrial space for sale or lease in Pennsauken or about any other Philadelphia properties for sale or lease, please contact WCRE at 856-857-6300.
Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Pennsauken commercial real estate broker that provides a full range of Pennsauken commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Pennsauken commercial properties for buyers, tenants, investors and sellers.
Please visit our websites for a full listing of Pennsauken commercial properties for lease or sale through our Pennsauken commercial real estate brokerage firm.