Thursday, August 4, 2011

719,000-SF Industrial Property Sells in Milton, PA

"Cole Real Estate Investment purchased the industrial facility at 60 Industrial Park Rd. in the Milton Industrial Park in Milton, PA for $29.49 million, or about $41 per square foot, from SK Realty Management and Blue Vista Capital Partners.

The 718,910-square-foot industrial building is home to ConAgra Foods. ConAgra Foods secured a long-term lease renewal deal prior to the sale."

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