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621 Lowther Road

Jack Ford & Brian Underkofler Of Lightstone Acquire Industrial Property In Lewisberry For $15.73M
SOLDIndustrial

Jack Ford & Brian Underkofler Of Lightstone Acquire Industrial Property In Lewisberry For $15.73M

621 Lowther Road, 629 Lowther Road & 631 Lowther Road

$15,725,000

$114/SF

Building Size

137,404 SF

Asset Type

Industrial

Closing

Jul 29, 2026

AI

The property asset involved in the transaction is located at 621 Lowther Road, 629 Lowther Road, and 631 Lowther Road in Lewisberry. It is classified as an industrial asset, has a sale price of $15,725,000, and encompasses a total square footage of 137,404, resulting in a price per square foot of $114.

Summary of transaction details:

Key individuals in the transaction include Jack Ford and Brian Underkofler, who represented Lightstone as the buyers. Larken Associates acted as the seller in this deal, while brokers Gerry Blinebury and Brendan McGeary from Cushman & Wakefield facilitated the transaction.

Players

Gerry Blinebury

Cushman & Wakefield

Broker

$193.7M

vol

9 deals

Broker
L
LightstoneBuyer
LA
Larken AssociatesSeller

Lewisberry Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.01%

Cash-on-Cash

-0.29%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93