Stag Industrial Acquires Industrial Building In Harleysville For $14.8M

A 152,625-square-foot industrial building located at 1510 Gehman Road in Harleysville, PA, has been sold for $14.8 million. The buyer, Stag Industrial, a Boston-based investment trust, acquired the property from Platinum Owner PA LLC.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $14,800,000
• Address: 1510 Gehman Road
• Market: Harleysville, PA
• Square Footage: 152,625
• Price per Square Foot: $97

This transaction marks the acquisition of the industrial building by Stag Industrial. The property offers 152,625 square feet of space and is situated at 1510 Gehman Road in Harleysville, PA. Platinum Owner PA LLC was the seller in the deal, while Stag Industrial acted as the buyer.