facebook
Traded Co logo
Submit

Jack Ford & Brian Underkofler Acquire Industrial Properties In York PA For $16.1M

Property Image
SOLD
$16,100,000
Ryan Cottone
John Plower

Pennsylvania

See Similar Deals
Industrial142,900 SF
Sold 03/05/2025
the dealplayerscompscontact
Property Image
SOLD

Jack Ford & Brian Underkofler Acquire Industrial Properties In York PA For $16.1M

503 Industrial Drive

See Similar Deals
Industrial142,900 SF
Sold 03/05/2025
Ryan Cottone
John Plower
the dealplayerscompscontact
Contact now

Summary

PENNSYLVANIA
Asset Type:Industrial
Price Per Square Foot:$112
Total Square Footage:142,900 SF
Transaction Type:Sale

The property involved in the transaction is an industrial asset located at 503 Industrial Drive and 2645 Blackthorne Court in York, PA. The sale price was $16,100,000, with a total square footage of 142,900, translating to a price per square foot of $112.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $16,100,000
  • Square Footage: 142,900
  • Price per Square Foot: $112
  • Buyer: Jack Ford & Brian Underkofler - Lightstone
  • Brokers: John Plower & Ryan Cottone - JLL
  • Transaction Date: 03/05/2025

The key individuals involved in the deal include buyers Jack Ford and Brian Underkofler, representing Lightstone, and brokers John Plower and Ryan Cottone from JLL. Their participation highlights the professional capacities leveraged for the successful transfer of the property ownership.

Players

John Plower
JLL
John Plower
17 deals$1.1B volume
BROKER
Ryan Cottone
JLL
Ryan Cottone
15 deals$984.1M volume
BROKER
L
Lightstone
BUYER
L
Lightstone
BUYER

Details

SOLD
IMAGE: John Plower, Ryan Cottone, Jack Ford & Brian Underkofler DATE: 03/05/2025 ADDRESS: 503 Industrial Drive & 2645 Blackthorne Court MARKET: York, PA ASSET TYPE: Industrial BUYER: Jack Ford & Brian Underkofler - Lightstone BROKERS: John Plower & Ryan Cottone - JLL SALE PRICE: $16,100,000 SF: 142,900 ~ PPSF: $112

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$858,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$57,199.89
Cash-on-Cash Return-1.27%
Monthly Debt Service$76,322.21
Annual Debt Service$915,866.57