SOLD
Mandich Group Acquires Industrial Property In Auberndale For $32M
701 Mckean Street
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PENNSYLVANIA
Transaction Type:Sale
The industrial property located at 701 McKean St in Auberndale has been sold for a total price of $32,000,000. The property spans across 254,000 square feet, resulting in a price per square foot of $126. The transaction took place between the buyer, Mandich Group, and the seller, Adams Cold Storage.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $32,000,000
- Address: 701 McKean St
- Market: Auberndale
- Buyer: Mandich Group
- Seller: Adams Cold Storage
The deal was facilitated by the brokerage team consisting of George Smith and Seth Woods from Mandich Real Estate Advisors. Specializing in sourcing off-market investment opportunities in the cold storage and industrial asset types, the brokers played a crucial role in connecting the buyer and the seller. For further inquiries, George Smith can be reached at 786-797-0903 or [email protected], while Seth Woods can be contacted at 805-746-3387.
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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