Opes Capital Acquires 11.94-Acre Industrial Property In York From Stewart Properties For $13.2M

The transaction involved the sale of an industrial asset located at 1128 Roosevelt Avenue in York, PA. The property spans 11.94 acres and comprises a total area of 204,800 square feet. It was sold for an amount of $13,200,000, resulting in a price per square foot of $64. The property is fully leased to multiple tenants, including Print-O-Stat, USplast, and MatterHackers.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $13,200,000
• Address: 1128 Roosevelt Avenue
• Market: York, PA
• Acres: 11.94
• Square Footage: 204,800
• Price Per Square Foot: $64
• Buyer: Opes Capital
• Seller: Stewart Properties, LLC
• Brokers: Michael Curran & Jason Grace - Landmark Commercial Realty

Michael Curran and Jason Grace of Landmark Commercial Realty represented both the buyer, Opes Capital, and the seller, Stewart Properties, LLC, in this off-market transaction. The seller was an affiliate of Stewart Properties, and the deal highlights the collaboration between the brokerage and the involved parties.