Wednesday, February 5, 2014

Security Storage Co Sells New Castle Industrial for $4M

Calumet Enterprises LLC acquired the industrial building at 705 Morehouse Dr. in New Castle, DE for $4 million, or about $37 per square foot, from Security Storage Company. 

The 108,000-square-foot warehouse was built in 1980 in the New Castle County Industrial submarket. It contains 15 loading docks and three drive-ins, 21-foot ceilings, and heavy power.

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