Novaya Foxfield Industrial Acquires Industrial Property In Philadelphia For $8.5M

The industrial property located at 700 E Godfrey Avenue in Philadelphia was recently sold for a price of $8,500,000. The property spans approximately 360,800 square feet, resulting in a price per square foot of $24. The transaction took place on September 27, 2021, and involved the buyer, Novaya Foxfield Industrial, and the seller, Thalheimer Brothers LLC.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $8,500,000
• Address: 700 E Godfrey Avenue
• Market: Philadelphia

Representing the buyer, Novaya Foxfield Industrial, in this deal were brokers Steve Marzullo, Adam Silverman, Bruce Westwood-Booth, and Kyle Sals from CBRE.