Allentown Economic Development Corp Acquires Warehouse From Spartan Brands In Allentown For $1.4M

An industrial property located at 801 Greenleaf Street in Allentown, PA, has been sold. The asset encompasses a total square footage of 32,329 and was sold for $1,400,000, translating to a price per square foot of $43.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $1,400,000
• Square Footage: 32,329
• Address: 801 Greenleaf Street
• Market: Allentown, PA
• Buyer: Allentown Economic Development Corp.
• Seller: Spartan Brands
• Broker Representation: Michael (Mike) Adams & Sarah Finney Miller - NAI Summit

The transaction featured Allentown Economic Development Corp. as the buyer and Spartan Brands as the seller. The brokerage team of Mike Adams and Sarah Finney Miller facilitated the deal through NAI Summit, representing the seller in this transaction.