Panattoni Development Acquires Industrial Property In Valley View, Pennsylvania For $25.75M
978 Gap Street
Industrial
2,387,295 SF
2,387,295 SF
Sold 1 year ago
Summary
An industrial property located at 978 Gap Street in Valley View, Pennsylvania was recently sold for $25,750,000. The property spans over 2,387,295 square feet, resulting in a price per square foot of $11. The transaction took place on July 29, 2021, and involved the buyer, Panattoni Development Company, and the seller, Tremont FT, LLC.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $25,750,000
- Address: 978 Gap Street, Valley View, Pennsylvania
- Market: Valley View, Pennsylvania
- Buyer: Panattoni Development Company
- Seller: Tremont FT, LLC
- Brokers: Michael Hess, Bart Anderson & Patrick Lafferty - CBRE
The deal was facilitated by the broker representatives Michael Hess, Bart Anderson, and Patrick Lafferty from CBRE. They played a crucial role in connecting the buyer and seller to successfully close the transaction. This demonstrates their expertise in the industrial property market in Valley View, Pennsylvania.
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978 Gap Street
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