Scrub Daddy Inc., the maker of smiley-faced scouring pads featured on ABC’s Shark Tank reality show, is moving into a recently acquired South Jersey office-and-warehouse building from its current home in Delaware County.
The cleaning-products company paid $10.7 million in February for the 116,000-square-foot property at 1700 Suckle Highway in Pennsauken that is soon to be the company’s new headquarters.
Scrub Daddy’s roughly 65-member staff is currently divided among three buildings in Folcroft, two of which the company owned and recently sold.
Scrub Daddy’s president and chief executive, Aaron Krause, said the Pennsauken property was found after a long search for a new home that could accommodate employees under one roof.
Properties with warehouse space have grown scarce amid demand from e-commerce operators, with more people staying home and shopping online during the coronavirus pandemic, Krause said.
The Pennsauken building is large enough for staff members to maintain a safe distance and avoid the virus’ spread, he said.
Renovations to the building, previously used by the Hillrom medical-supply company, will include studios for appearances on the West Chester-based QVC shopping channel and for independently produced online videos featuring Scrub Daddy products. There will also be a Scrub Daddy store for retail customers.
Scrub Daddy has earned about $332 million in retail sales since appearing on Shark Tank in 2012, with its Scrub Daddy sponges in various colors, its dual-sided Scrub Mommy sponge, and its Scour Daddy cleaning pad being among its biggest sellers, the company said. The company does not release annual revenue figures, but said they are increasing at a rate of 30% a year.
*Article Courtesy of The Inquirer
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.
