Brighton Best International Acquires Industrial Asset In Logan Township For $23.5M

The property asset involved in this transaction is located at 200 Crossroads Boulevard in Logan Township. It is classified as an industrial asset with a sale price of $23,500,000. The total square footage of the transaction is 190,000, resulting in a price per square foot of $124.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $23,500,000
• Buyer: Brighton Best International
• Seller: Frank Greek - Greek Real Estate Partners; Peter Cocoziello - Advance Realty Investors; Daniel Heflin - Torchlight Investors
• Broker: JLL
• SF: 190,000
• PPSF: $124

This transaction involved a collaborative effort between multiple entities, where Greek Real Estate Partners, Advance Realty Investors, and Torchlight Investors executed the sale and will build a custom distribution facility for Brighton Best International. The project, managed by Greek Design | Build, is situated strategically in a key Northeast logistics corridor, offering advantageous access to significant transportation routes.