Thursday, January 16, 2014

630 Municipal Trades for $3.9M

Selvaggio Enterprises, Inc. has sold the flex building at 630 Municipal Dr. in Nazareth, PA to Camellia Partnership Ventures LLC for $3.85 million, or about $57 per square foot. 

The 67,366-square-foot building was built in 2000 on 5.1 acres. It contains five drive-ins, three loading docks, and 30-foot ceiling heights. Located in the Lehigh Valley Industrial submarket, the property was fully leased at the time of the sale.

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