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Group buys Camden Ferry Terminal office building for $16.5 million

A group involving the family of South Jersey insurance executive George Norcross has acquired the 100,000-square-foot Ferry Terminal office building on the Camden waterfront for $16.5 million, Norcross said an a release on Monday.

The group, which also includes the owners of NFI Industries, a Cherry Hill distribution and logistics firm, and executives of the Michaels Organization, a real estate developer in Marlton, closed on the purchase on Sept. 15, according to the release.