READING, PA
Berks 61 / 222 - Reading
procured approvals for and oversaw construction of a class a warehouse and distribution centers in reading, pa. carbonite (now dak) signed a 17-year lease for the all of berks 61. berks 222 is 100% occupied and leased to 3 tenants and has a fully approved LERTA.
$
0
M
PURCHASE PRICE
$
0
M
SOLD PRICE
ABOUT
PURCHASE DATE
MARCH 2014
PURCHASED PSF
$42.41
EQUITY INVESTED
$13.3M
SOLD DATE
MARCH 2016
SOLD PSF
76.39
EQUITY MULTIPLE
2.58x
PROPERTY-LEVEL IRR
58.77
Procured approvals for and oversaw construction of a three class A warehouse and distribution centers in Reading, PA. Carbonlite (now Dak) signed a 17-year lease for the all of Berks 61. Berks 222 is 100% occupied and leased to 3 tenants and has a fully approved LERTA.
Real Estate You Can Trust
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