Black Bear Capital Partners (“BBCP”) Successfully Advises on $16 Million Mixed-Use and Land Sale in South Bethlehem and Palmer Township, PA

A mixed-use property located at 310-322 East 3rd Street in Bethlehem, PA has been sold for $16,000,000. The asset features 52 residential units and encompasses a total of 56,115 square feet. The property includes retail space measuring 15,823 square feet, contributing to its mixed-use designation.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $16,000,000
• Units: 52
• Square Footage: 56,115
• Address: 310-322 East 3rd Street
• Market: Bethlehem, PA
• Seller: Greystone Capital & Black Bear Asset Management
• Seller's Representatives: Bryan Manz & Emil DePasquale - Black Bear Capital Partners

Black Bear Capital Partners acted in an advisory role, representing Greystone Capital and Black Bear Asset Management throughout the sale process. Their involvement facilitated a successful closing for the transaction, which included not only the mixed-use asset but also development land in South Bethlehem and Palmer Township, Pennsylvania.