John Morgan of Philadelphia-based commercial real estate firmBinswanger/CBB represented Crane in the transaction. John RichardCollection was self-represented. Details of the sale were notreleased.
According to John Richard Collection vice president ShaneMalouf, the firm bought the warehouse/manufacturing facility"because it was a good price." Malouf tells GlobeSt.com that he islooking for a single tenant to occupy the space on a net leasebasis.
Binswanger/CBB is a member of Chesterton Blumenauer Binswanger,an international, full-service real estate organization with morethan 160 offices worldwide.
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