NAI Mertz’s completes sale of 11,800 s/f warehouse in PA
PHILADELPHIA, PA — NAI Mertz, a full-service commercial real estate firm serving southern New Jersey
and greater Philadelphia, recently completed the sale of an 11,800 s/f industrial facility located at 2729 E. Butler St. in Philadelphia. Jeffrey Licht, SIOR, senior vice president, and Adam Lashner, vice president, represented the seller, KTKS LLC, in the transaction.
“There is a very high demand for USDA-approved food processing facilities in Philadelphia, and because this facility is equipped with freezer and cooler storage, it was a very sought after property," said Licht. “We are pleased to have now sold this property twice and wish Crown Poultry much good luck in their new home.”
2729 E. Butler St. is a single-story industrial building outfitted for food manufacturing and distribution, complete with refrigerated, cooler and freezer spaces. It features 12’-24’ clear ceiling heights, a small office area, three tailgate truck doors with dock levelers and one drive-in door. The property is located just off I-95 in the Port Richmond section of Philadelphia, offering easy access to U.S. Rte. 1 and the Pennsylvania Turnpike.
Crown Poultry, a regional food and paper company, plans to use the building for food manufacturing and distribution.