ASB Real Estate Investments And Endurance Real Estate Group Acquire The Lehigh Valley West Industrial Portfolio In Berks County For $77.6M

The Lehigh Valley West Industrial Portfolio, located in Berks County, PA, has been sold for a total of $77,600,000. The industrial property spans over 929,250 square feet, resulting in a price per square foot of $84. The transaction took place on February 24, 2022, and involved ASB Real Estate Investments and Endurance Real Estate Group as buyers, represented by Brodie Ruland and Jared Newman respectively. The seller in this deal was Continental Capital Partners, with CBRE acting as the brokers.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $77,600,000
• Address: The Lehigh Valley West Industrial Portfolio, Berks County, PA
• Market: Berks County, PA

ASB Real Estate Investments, represented by Brodie Ruland, and Endurance Real Estate Group, represented by Jared Newman, were the key buyers in this transaction. The seller, Continental Capital Partners, conducted the deal with the assistance of CBRE as the brokers.