Newmark Brokers Pete Bethea, Rob Ippolito & Glenn Rudy Sell Lancaster Retail Property For $45.2M

The retail property located at 44400 Valley Central Way in Lancaster, with a total area of 35 acres, was recently sold for a transaction amount of $45,200,000. The property spans over 375,541 square feet, resulting in a price per square foot of $120. The sale took place on September 22, 2022.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $45,200,000
• Address: 44400 Valley Central Way, Lancaster
• Market: Lancaster
• Acres: 35

The sale of this retail property was facilitated by Pete Bethea, Rob Ippolito, and Glenn Rudy from Newmark, who represented the parties involved in the deal. Their expertise and guidance were crucial in ensuring a successful transaction.