Wharton Industrial Acquires 320K SF Industrial Warehouse In Cheshire, CT For $25.25M

Wharton Industrial, in collaboration with Rabina, has acquired a 320,000-square-foot industrial warehouse located at 475 Knotter Drive in Cheshire, Connecticut for $25.25 million. The property is an industrial asset situated in the Cheshire market, offering ample space for various industrial activities. With a price of $79 per square foot, the warehouse presents a valuable investment opportunity for Wharton Industrial and Rabina.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $25,250,000
• Buyer: Wharton Industrial - Peter C. Lewis & Rabina - Josh Rabina
• Square Footage: 320,000
• Market: Cheshire, CT

Wharton Industrial, headed by Peter C. Lewis, and Rabina, led by Josh Rabina, have joined forces to complete the acquisition of the industrial warehouse at 475 Knotter Drive. This strategic collaboration allows both companies to leverage their expertise in the industrial real estate sector. The deal signifies the determination and vision of these industry leaders to expand their portfolio and capitalize on the opportunities presented by the Cheshire market.