The Keith Corp. & The Kiel Group Sell Industrial Property In Shoemakersville, Pennsylvania For $54.5M

The industrial property located at 323 Logistics Drive in Shoemakersville, Pennsylvania has been sold for a price of $54,500,000. The property covers an area of 24 acres and has a total square footage of 310,238. The sale was facilitated by brokers John Plower, Ryan Cottone, Jeff Lockard, and Ryan Barros from JLL. The transaction took place on August 19, 2022.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $54,500,000
• Address: 323 Logistics Drive, Shoemakersville, Pennsylvania
• Market: Shoemakersville, Pennsylvania
• Acres: 24
• Broker: John Plower, Ryan Cottone, Jeff Lockard & Ryan Barros - JLL

The property, which has a price per square foot of $176, was sold by The Keith Corp. & The Kiel Group. The deal represents a significant transaction in the industrial real estate market. The brokers from JLL played a crucial role in facilitating the sale and ensuring a successful transaction for all parties involved.