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EQT Exeter Acquires Industrial Property In Bensalem, PA For $42M

Property Image
SOLD
$42,000,000
Lauren Dawicki
Brad Ruppel
+ 1

Pennsylvania

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Industrial430,373 SF
Sold 09/02/2021
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Property Image
SOLD

EQT Exeter Acquires Industrial Property In Bensalem, PA For $42M

450 Winks Lane, Bensalem, PA, USA

See Similar Deals
Industrial430,373 SF
Sold 09/02/2021
Lauren Dawicki
Brad Ruppel
+ 1
Contact now

Summary

PENNSYLVANIA
Asset Type:Industrial
Price Per Square Foot:$97
Total Square Footage:430,373 SF
Transaction Type:Sale

The industrial property located at 450 Winks Lane in Bensalem, PA has been sold. The transaction took place on September 2, 2021. The property, spanning 430,373 square feet, was acquired by EQT Exeter. The sale was facilitated by brokers Brad Ruppel, Mike Hines, Brian Fiumara, and Lauren Dawicki from CBRE National Partners. The sale price for the property was $42,000,000, resulting in a price per square foot of $98.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $42,000,000
  • Address: 450 Winks Lane, Bensalem, PA
  • Market: Bensalem, PA

The buyer, EQT Exeter, completed the acquisition of the industrial property located at 450 Winks Lane. The sellers involved in the transaction were ASB Real Estate Investments, represented by Brodie Ruland, and Endurance Real Estate Group LLC, represented by Albert Corr. The sale was successfully closed with the assistance of brokers Brad Ruppel, Mike Hines, Brian Fiumara, and Lauren Dawicki from CBRE National Partners.

Players

Brian Fiumara
23 deals$1.6B volume(610) 580-8672
BROKER

Brad Ruppel
CBRE
13 deals$913.1M volume
BROKER

Lauren Dawicki
CBRE
8 deals$574.6M volume
BROKER

Michael Hines
CBRE
14 deals$1B volume
BROKER

EQT Exeter
BUYER

Details

SOLD
IMAGE: Albert Corr, Brad Ruppel, Brodie Ruland, Brian Fiumara, Mike Hines & Lauren Dawicki DATE: 09/02/2021 ADDRESS: 450 Winks Lane MARKET: Bensalem, PA ASSET TYPE: Industrial BUYER: EQT Exeter SELLER: ASB Real Estate Investments - Brodie Ruland; Endurance Real Estate Group LLC - Albert Corr BROKERS: Brad Ruppel, Mike Hines, Brian Fiumara & Lauren Dawicki - CBRE National Partners SALE PRICE: $42,000,000 SF: 430,373 ~ PPSF: $98

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