top of page
  • Writer's pictureMAREJ

Colin Flynn, SIOR and Ben Conway of The Flynn Company broker 170,000 s/f, 5 building portfolio

Delaware County, PA — The Flynn Company announced the sale of a 170,000 s/f, five-building, industrial portfolio in Delaware County. The properties are located in the Ridley Business Center in Holmes, PA (four buildings) and 620 Parkway in Broomall, PA, which are located in direct proximity to I-95 & I-476, respectively. The properties were 100% leased at the time of the sale. The buildings offer very functional space in a variety of suite sizes, which meet the industrial demand in Delaware County. Velocity Venture Partners purchased the properties for $12.25 million as a strategic acquisition to grow their Industrial portfolio across the Delaware Valley. “We are excited to acquire functional, in-fill product that we believe will always be in high demand. With low vacancy rates and a lack of developable land in Delaware County, we target owning assets with scale near dense suburban and urban population centers,” said Velocity’s founding partner, Zach Moore. READ MORE

bottom of page