SOLD
TMC Pottstown, LLC Acquires 60,000 SF Warehouse In Pottstown Industrial Park For $5.2M
263 Shoemaker Road
Industrial
60,000 SF
60,000 SF
Sold 276 days ago
Summary
Sale
PENNSYLVANIA
Industrial
60,000 sqft
A 60,000 square-foot warehouse/distribution building located at 263 Shoemaker Road in Pottstown, Pennsylvania has been sold for $5.2 million. The property, situated in the Pottstown Industrial Park, spans across 10.34 acres. The buyer, TMC Pottstown, LLC, acquired the fully occupied asset from the seller, Wynnestay, LLP. The transaction was facilitated by CBRE brokers Paul Touhey, Stephen Marzullo, and Adam Silverman.
Summary of Transaction Details
- Property Type: Industrial
- Transaction Amount: $5,200,000
- Address: 263 Shoemaker Road, Pottstown, Pennsylvania
- Market: Pottstown, Pennsylvania
- Acres: 10.34
The sale of this property was completed at a price of $87 per square foot. The warehouse/distribution building was fully occupied by The Eastwood Company under a long-term lease agreement. This transaction marks a significant investment in the industrial sector of Pottstown, Pennsylvania.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Paul Touhey, Stephen Marzullo & Adam Silverman
DATE: 08/04/2023
ADDRESS: 263 Shoemaker Road
MARKET: Pottstown, Pennsylvania
ASSET TYPE: Industrial ~ ACRES: 10.34
BUYER: TMC Pottstown, LLC
SELLER: Wynnestay, LLP
BROKERS: Paul Touhey, Stephen Marzullo & Adam Silverman - CBRE
SALE PRICE: $5,200,000
SF: 60,000 ~ PPSF: $87
NOTE: CBRE sold a 60,000 square-foot warehouse/distribution building in Pottstown Industrial Park for $5.2 million to TMC Pottstown, LLC. The property was fully occupied by The Eastwood Company on a long-term lease.View on map
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Address263 Shoemaker Road
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