SOLD
Marcus & Millichap Sells 142,700-SF Warehouse/Office Complex In Wyomissing For $11.75M
220 North Park Road
MultiFamily
142,700 SF
142,700 SF
Sold 320 days ago
Summary
Sale
PENNSYLVANIA
MultiFamily
142,700 sqft
Marcus & Millichap has sold a 142,700-square-foot warehouse/office complex located at 220 North Park Road in Wyomissing, Pennsylvania. The property, situated on 9.16 acres of land, was sold for a total price of $11,750,000, resulting in a price per square foot of $82. This multi-tenant industrial asset offers diverse rental risk with approximately 20 tenants, highlighting the strong market demand for such properties in the area.
Summary of transation details
- Property Type: Office
- Transaction Amount: $11,750,000
- Acres: 9.16
The deal was facilitated by the brokerage team consisting of Sean Beuche, Alan Cafiero, and Mark Gjonbalaj from Marcus & Millichap.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Sean Beuche, Alan Cafiero & Mark Gjonbalaj
DATE: 06/21/2023
ADDRESS: 220 North Park Road
MARKET: Wyomissing, Pennsylvania
ASSET TYPE: Office ~ ACRES: 9.16
BROKERS: Sean Beuche, Alan Cafiero & Mark Gjonbalaj - Marcus & Millichap
SALE PRICE: $11,750,000
SF: 142,700 ~ PPSF: $82
NOTE: Marcus & Millichap has sold a 142,700-square-foot warehouse/office complex in Wyomissing, Pennsylvania for $11,750,000. The property, with diverse rental risk from approximately 20 tenants, demonstrates a strong market for multi-tenant industrial assets.View on map
Loading...
Address220 North Park Road
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want