Updated Oct 15, 2026
STAG York LLC Acquires Property In East York For $19 Million With Gerard Blinebury's Representation
2925 E Market St, East York, PA, 17402
$19,000,000
$48/SF
Building Size
390,000 SF
Asset Type
Warehouse
Closing
Nov 8, 2017
About this deal
AI
The property located at 2925 E Market St, East York, PA, 17402 is an industrial asset that has recently changed ownership. This facility, comprising 390,000 square feet, was sold for $19,000,000.00, indicating a significant value within the York market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $19,000,000.00
- Address: 2925 E Market St, East York, PA, 17402
- Square Footage: 390,000
- Seller's Representative: Gerard Blinebury-Cushman & Wakefield
- Buyer: STAG York, LLC
Cushman & Wakefield's Pennsylvania industrial team facilitated this transaction, representing Alliance Partners HSP in the sale. Gerard J. Blinebury, along with team members Joseph Hill, Jr., Pat McBride, and Robert Yoshimura, played critical roles in the negotiation process. The new owner, STAG York, LLC, has plans to lease the remaining 135,000 square feet of the facility, which is particularly suited for warehousing and distribution.
On the Map
$19,000,000
$48/SF
Warehouse
View full map
Players
York Warehouse Market Snapshot
Boundary boundary · Warehouse · Sale transactions
Loading comparables…
Deal FAQ
Visit Gerry Blinebury to view all their deals.
Browse Pennsylvania warehouse sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.83%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93