Affiliates of Endurance Real Estate Group and Greystar-Thackeray have acquired a six-building light industrial portfolio in West Norriton for $31.75 million. The portfolio, totaling 200,359 square feet and fully leased to 15 tenants, was sold by Western Valley Forge Business Center LLC and IIT Valley Forge Business Center LLC. The buildings feature clear heights between… Read more »
Velocity Venture Partners has purchased a 340,000-square-foot industrial building in Montgomery County for $30.7 million, aiming to enhance and expand the premises. Positioned at 3400 E. Walnut St. in Colmar, the 28-acre property sits between Route 309 and County Line Road, less than a mile from SEPTA’s Regional Rail Colmar station. Zach Moore, Velocity’s Founding… Read more »
Gambone Group has sold a portfolio of 43 of its industrial buildings in Montgomery County for a little more than $210 million, seizing on a market that is pricing warehouse and flex properties at unprecedented levels. MRP Industrial was the buyer in the off-market transaction, according to multiple sources. The properties total 1.4 million square… Read more »
