John Morgan of Philadelphia-based commercial real estate firm Binswanger/CBB represented Crane in the transaction. John Richard Collection was self-represented. Details of the sale were not released.
According to John Richard Collection vice president Shane Malouf, the firm bought the warehouse/manufacturing facility "because it was a good price." Malouf tells GlobeSt.com that he is looking for a single tenant to occupy the space on a net lease basis.
Binswanger/CBB is a member of Chesterton Blumenauer Binswanger, an international, full-service real estate organization with more than 160 offices worldwide.
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
Already have an account? Sign In Now
© 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.
