Updated Mar 30, 2026
Will Krasne Of Spectre Equities LLC Acquires Industrial Asset From Lawrence Witte For $7.15M
20 Flour Mill Road
$7,150,000
$108/SF
Building Size
66,000 SF
Asset Type
Industrial
Closing
Feb 12, 2026
About this deal
AI
The property involved in this transaction is an industrial asset located at 20 Flour Mill Road in the York market. The sale price for the property was $7,150,000, featuring a total of 66,000 square feet, resulting in a price per square foot of $108. The facility was fully leased at the time of the sale.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $7,150,000
- Address: 20 Flour Mill Road
- Market: York
- Square Footage: 66,000
- Price per Square Foot: $108
- Buyer: Will Krasne - Spectre Equities LLC
- Seller: Lawrence Witte
- Brokers: Adam Boussatta & Jason Grace - Landmark Commercial Realty
Adam Boussatta and Jason Grace represented both parties in this off-market transaction. For commercial real estate inquiries, Adam Boussatta can be contacted at 717.603.1209 or [email protected].
On the Map
$7,150,000
$108/SF
Industrial
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Players
York Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.22%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93