Acadia Realty Trust Acquires Retail Asset In Selinsgrove, Pennsylvania For $44.8M
330 Marketplace Boulevard, Selinsgrove, Pennsylvania, USA
$44,800,000
$120/SF
Building Size
372,794 SF
Asset Type
Retail
Closing
Sep 29, 2021
AI
The retail property located at 330 Marketplace Blvd in Selinsgrove, Pennsylvania has been sold in a recent transaction. The property spans a total area of 372,794 square feet and was sold for a price of $44,800,000, resulting in a price per square foot of $120.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $44,800,000
- Property Address: 330 Marketplace Blvd, Selinsgrove, Pennsylvania
- Market: Selinsgrove, Pennsylvania
The buyer of this retail property was Acadia Realty Trust. The deal was facilitated by brokers Christopher Munley, Jim Galbally, and Colin Behr from JLL Capital Markets.
Players
Selinsgrove Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.35%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93