SOLD
First National Realty Partners Acquires Retail Asset In Brandywine, MD For $64M
15802 Crain Highway
Retail
231,000 SF
231,000 SF
Sold 1 year ago
Summary
Sale
MARYLAND
Retail
231,000 sqft
A retail property located at 15802 Crain Highway in Brandywine, Md was recently sold for a total price of $64,000,000. The property spans a total area of 231,000 square feet, resulting in a price per square foot of $277. The sale took place on March 31, 2022.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $64,000,000
- Address: 15802 Crain Highway, Brandywine, Md
- Market: Brandywine, Md
The buyer in this transaction was First National Realty Partners, represented by Kurt Padavano. The seller of the property was Velocis & Katz Properties. The brokers involved in the deal were Jordan Lex and Daniel Naughton from JLL. Additionally, Seven Hills Realty Trust served as the lender for this transaction.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Kurt Padavano, Jordan Lex & Daniel Naughton
DATE: 03/31/2022
ADDRESS: 15802 Crain Highway
MARKET: Brandywine, Md
ASSET TYPE: Retail
BUYER: First National Realty Partners - Kurt Padavano
SELLER: Velocis & Katz Properties
BROKERS: Jordan Lex & Daniel Naughton - JLL
LENDER: Seven Hills Realty Trust
SALE PRICE: $64,000,000
SF: 231,000 ~ PPSF: $277View on map
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Address15802 Crain Highway
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