Frazier Healthcare, a provider of growth equity and venture capital to high growth and emerging health care companies, purchased the industrial facility at 3001 Red Lion Rd. in Philadelphia, PA from Catalent USA Packaging LLC for $17.1 million, or about $37 per square foot.
The 467,000-square-foot building was constructed in 1950 on 21.5 acres in the Greater Northeast Industrial submarket. It features 8 loading docks and 18-foot clear-heights.
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