Premier Development Partners Acquires American Spring Wire Facility In Bedford, Ohio For $10.5M | 26300 Miles Road | Industrial | Sale

Summary

Sale

OHIO

Industrial

225,000 sqft

Premier Development Partners has purchased the American Spring Wire facility in Bedford, Ohio for $10.5 million. The industrial property spans 225,000 square feet and is located at 26300 Miles Road. The price per square foot for the transaction was $47. The seller of the property was American Spring Wire.

Summary of transaction details

Property Type: Industrial
Transaction Amount: $10,500,000
Square Footage: 225,000
Address: 26300 Miles Road, Bedford, Ohio
Market: Bedford, Ohio

Spencer Pisczak, representing Premier Development Partners, facilitated the purchase of the American Spring Wire facility in Bedford, Ohio. Despite previous reports of closure, American Spring Wire employees have confirmed that the company is still operating at the site and plans to stay for the long term.

Details

Deal Summary

SOLD

IMAGE: Spencer Pisczak DATE: 06/14/2023 ADDRESS: 26300 Miles Road MARKET: Bedford, Ohio ASSET TYPE: Industrial BUYER: Premier Development Partners - Spencer Pisczak SELLER: American Spring Wire SALE PRICE: $10,500,000 SF: 225,000 ~ PPSF: $47 NOTE: Premier Development Partners has purchased the American Spring Wire facility in Bedford, Ohio for $10.5 million. Despite previous reports of closure, ASW employees confirm that the company is still operating at the site and plans to stay for the long term.

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Address26300 Miles Road

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