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CenterPoint Properties Acquires Industrial Property In Northampton, PA For $201.5M

Property Image
SOLD
$201,500,000
Paul Torosian
John Plower
+ 4

Pennsylvania

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Industrial1,000,000 SF
Sold 04/28/2021
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Property Image
SOLD

CenterPoint Properties Acquires Industrial Property In Northampton, PA For $201.5M

951 Willowbrook Road, Northampton, PA, USA

See Similar Deals
Industrial1,000,000 SF
Sold 04/28/2021
Paul Torosian
John Plower
+ 4
Contact now

Summary

PENNSYLVANIA
Asset Type:Industrial
Price Per Square Foot:$201
Total Square Footage:1,000,000 SF
Transaction Type:Sale

The industrial property located at 951 Willowbrook Road in Northampton, PA, was recently sold in a closed transaction. The property, spanning 1,000,000 square feet, was purchased by CenterPoint Properties, represented by Bob Chapman. The seller, Rockefeller Group, was represented by Daniel J. Moore and PCCP LLC. The transaction was facilitated by brokers from JLL, including John Plower, Ryan Cottone, John Huguenard, Paul Torosian, Rob Kossar, and Jeff Lockard.

Summary of transaction details

This significant transaction involved CenterPoint Properties, represented by Bob Chapman, as the buyer of the industrial property. On the other side of the deal, Rockefeller Group, represented by Daniel J. Moore and PCCP LLC, acted as the seller. Brokers from JLL, including John Plower, Ryan Cottone, John Huguenard, Paul Torosian, Rob Kossar, and Jeff Lockard, played a crucial role in facilitating the transaction.

Players

Robert (Rob) Kossar
9 deals$584.4M volume
BROKER

John Huguenard
JLL
23 deals$1.5B volume(239) 832-0160
BROKER

John Plower
JLL
17 deals$1.1B volume
BROKER

Ryan Cottone
JLL
15 deals$984.1M volume
BROKER

Paul Torosian
JLL
3 deals$259M volume
BROKER

Jeff Lockard
JLL
7 deals$605.1M volume
BROKER


Rockefeller Group
SELLER

Details

SOLD
IMAGE: John Huguenard, John Plower, Ryan Cottone, Bob Chapman, Daniel Moore, Rob Kossar, Paul Torosian & Jeff Lockard DATE: 04/28/2021 ADDRESS: 951 Willowbrook Road MARKET: Northampton, PA ASSET TYPE: Industrial BUYER: CenterPoint Properties - Bob Chapman SELLER: Rockefeller Group - Daniel J. Moore & PCCP LLC BROKERS: John Plower, Ryan Cottone, John Huguenard, Paul Torosian, Rob Kossar & Jeff Lockard - JLL PRICE: $201,500,000 SF: 1,000,000 ~ PPSF: $202 ACRES: 70 ~ PPA: $2,878,571

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