Thursday, January 23, 2014

West Park Distribution Center Trades for $36.8M

Walsh Construction Company sold the West Park Distribution Center at 6974 Schantz Rd. in Allentown, PA to Gramercy Property Trust, Inc. for $36.83 million, or about $75 per square foot. 

The 480,000-square-foot distribution building sits on almost 28 acres and is fully occupied by Amcor Rigid Plastics on a new 15-year, triple-net lease. The facility contains 70 loading docks and 30-foot clear heights.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.