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Martin Brower Leases 147000 SF Industrial Space At 14515 McNulty Road From Crow Holdings Development
LEASED
Pennsylvania
See Similar DealsIndustrial147,000 SF
Leased 12/03/2024
LEASED
Martin Brower Leases 147000 SF Industrial Space At 14515 McNulty Road From Crow Holdings Development
14515 McNulty Road
See Similar DealsIndustrial147,000 SF
Leased 12/03/2024
Summary
PENNSYLVANIA
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:147,000 SF
Transaction Type:Lease
The industrial asset located at 14515 McNulty Road spans 147,000 square feet in the Philadelphia, PA market. The property is currently leased by Martin Brower from Crow Holdings Development.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 14515 McNulty Road
- Market: Philadelphia, PA
- Landlord: Crow Holdings Development
- Tenant: Martin Brower
- Landlord's Representative: Harold (Brad) Boone & Brian McCurdy - Colliers
- Tenant's Representative: Jonathan (Jon) Springer, Andrew Greenberg & Mike Barker - CBRE
This transaction highlights the roles of the brokerage firms involved, with Colliers representing the landlord and CBRE representing the tenant, facilitating the leasing of the substantial industrial space.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$8,425,951.29
Total Lease Value
$84,259,512.94
Net Landlord Cash Flow$8,425,951.29
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