The property asset involved in this transaction is an industrial facility located at 45 North 4th Street, Quakertown, PA. The total land area is 8.13 acres, and the asset encompasses two interconnected industrial buildings with a total square footage of 165,175. The sale price for this property was $5,750,000, translating to a price per square foot of $35.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $5,750,000
• Address: 45 North 4th Street, Quakertown, PA
• Market: Quakertown, PA
• Acres: 8.13
• Square Footage: 165,175
• Price Per Square Foot: $35
• Buyer: Coleman Investment Properties
• Seller: Mativ Holdings
• Brokers: Adam Silverman, Dale Lewis & Stephen Marzullo - CBRE

CBRE's brokers, Steve Marzullo, Adam Silverman, and Dale Lewis, represented the seller, Mativ Holdings, during this transaction. This sale marks the property's first reintroduction to the market for potential industrial or mixed-use redevelopment.