Friday, August 27, 2010

Memco Realty Co. Acquires Wilkes Barre Industrial for $5.5M

"Mericle Commercial Real Estate Services sold the industrial facility at 1058 Hanover St. in Wilkes Barre, PA, to Memco Realty Co. for $5.45 million, or $45 per square foot.

Located in a KOEZ zone, the 120,000-square-foot warehouse building was constructed in 2003 and sits on over nine acres. The buyer purchased the property to operate and occupy a manufacturing business."

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