Giambalvo Family Limited Partnership Acquires Industrial Facility In York, PA For $3.3M

The Giambalvo Family Limited Partnership has acquired a 41,288 square-foot industrial facility located at 3495 Industrial Drive in Springettsbury Township, York, Pennsylvania. The property, sold by Goose Island Properties LLC, was purchased for a total price of $3.3 million. This fully air-conditioned building, previously utilized for the production of robotic packaging machinery, will be repurposed as a collision center. Its strategic location near Route 30 and other Giambalvo dealerships makes it an ideal choice for this transformation.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $3,300,000
• Square Footage: 41,288 SF
• Price Per Square Foot: $80
• Address: 3495 Industrial Drive, York, Pennsylvania
• Market: York, Pennsylvania

The Giambalvo Family Limited Partnership, led by John Giambalvo, successfully secured the purchase of this industrial property. The deal was facilitated by the brokerage team consisting of Jason Turnbull, Damian Reed, David Bode, and Nate Resh from Rock Commercial Real Estate. Their expertise and negotiation skills played a crucial role in closing the transaction, ensuring a smooth and beneficial outcome for both the buyer and the seller.