(Read more on the industrial market.)
DENVER, PA-Lippert Components Inc. has sold its 83,400-sf manufacturing facility to MBC Development LLC, a real estate company affiliated with Schuylkill Haven-based Miller Bros. Construction Inc., and leased back half of it. The property is located on 34.8 acres at 1658 Dry Tavern Rd.
The selling price was just north of $2.7 million, according to Vincent Ranalli in the Wayne office of CB Richard Ellis. He and Joe McDermott, SVP in the same office, played several roles in completing this transaction within two months. They represented the seller, procured the buyer and also found a tenant.
The property contains a 72,000-sf main manufacturing plant, 7,800-sf stand-alone paint booths and 3,600 sf of finished office space. It is clear-span construction with 17-foot to 22-foot clear ceiling heights and 22 oversize loading doors. It was constructed in 2000.
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