Brickman Acquires Industrial Property In Harrisburg, PA For $24.4M

Brickman has acquired an industrial property located at 301 Railroad Ave in Harrisburg, PA. The property spans 254,449 square feet and was sold for a total price of $24,400,000. The sale price per square foot was $96. The transaction took place on January 3, 2022. The seller of the property was Penwood Real Estate Investment Management. The deal was facilitated by brokers John Plower, Ryan Cottone, and Zach Maguire from JLL.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $24,400,000
• Date: 01/03/2022
• Address: 301 Railroad Ave, Harrisburg, PA
• Market: Harrisburg, PA
• Buyer: Brickman
• Seller: Penwood Real Estate Investment Management
• Brokers: John Plower, Ryan Cottone, and Zach Maguire - JLL
• Square Footage: 254,449
• Price Per Square Foot: $96

Ryan Cottone, John Plower, and Zach Maguire from JLL acted as the representatives for Brickman in this transaction. The acquisition of the industrial property marks a significant investment in the Harrisburg, PA market for Brickman.