Silver Creek Development Acquires Industrial Property In Wilmington For $130M

The industrial property located at 29900 South Graaskamp Boulevard in Wilmington has been sold. The property spans 91 acres and was sold for a price of $130,000,000. It offers a total square footage of 2,000,000, resulting in a price per square foot of $65.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $130,000,000
• Market: Wilmington
• Address: 29900 South Graaskamp Boulevard
• Acres: 91

Silver Creek Development has acquired the property from Transwestern Development Company. The transaction was facilitated by brokers Eliott Zeitoune and Matthew Schoenfeldt from JLL.