Nicholas Spence Acquires Industrial Property In Midway For $4.8M

The industrial property located at 250 Ram Blvd in Midway has been sold for $4,800,000. Spanning 60,700 square feet, the property was transacted at a price per square foot of $79. The sale involved the buyer, Nicholas Spence, and the seller, William Mattice, Paul Gleasman, & Heath Annin. Jordan Characo from Equity Commercial Real Estate Solutions represented the buyer, while Peter Catanzaro, Simon Grigoryan, & Tripp Duke from Marcus & Millichap served as the brokers in the deal.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $4,800,000
• Address: 250 Ram Blvd
• Market: Midway
• SF: 60,700
• Buyer: Nicholas Spence
• Seller: William Mattice, Paul Gleasman, & Heath Annin
• Buyer's Rep: Jordan Characo - Equity Commercial Real Estate Solutions
• Brokers: Peter Catanzaro, Simon Grigoryan & Tripp Duke - Marcus & Millichap

The transaction also involved notable individuals such as Jordan Characo from Equity Commercial Real Estate Solutions, who represented the buyer in the deal. Additionally, Peter Catanzaro, Simon Grigoryan, and Tripp Duke from Marcus & Millichap played pivotal roles as the brokers facilitating the sale. The collaborative efforts of these key individuals and companies culminated in the successful transfer of the industrial property in Midway.