(Read more on the industrial market.)

DENVER, PA-Lippert Components Inc. has sold its 83,400-sfmanufacturing facility to MBC Development LLC, a real estatecompany affiliated with Schuylkill Haven-based Miller Bros.Construction Inc., and leased back half of it. The property islocated on 34.8 acres at 1658 Dry Tavern Rd.

The selling price was just north of $2.7 million, according toVincent Ranalli in the Wayne office of CB Richard Ellis. He and JoeMcDermott, SVP in the same office, played several roles incompleting this transaction within two months. They represented theseller, procured the buyer and also found a tenant.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.