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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