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  • Writer's pictureMAREJ

The Flynn Co. reps. Velocity Venture Partners in 700,000 s/f industrial property acquisition

LANSDALE, PA — The Flynn Company is pleased to announce the sale of the approximately 700,000 s/f multi-tenant industrial and office building on 84 acres known as 2750 Morris Rd. in Lansdale, PA. The Flynn Company represented the buyer, Velocity Venture Partners, LLC, in the acquisition of the property, and Cushman & Wakefield represented the seller, DIV-AR PROPERTY LP. With this acquisition, Velocity Venture Partners continues their rapid growth throughout the Pennsylvania and New Jersey, specifically Eastern Montgomery County, which represents the epicenter of their assets. “We are excited to successfully acquire this asset, as we believe it is extremely unique and an irreplaceable last mile distribution center. We have been fortunate enough to experience overwhelming success with last mile industrial assets in the Pennsylvania and New Jersey, and we are confident that this asset will quickly absorb tenants benefiting from the surge in e-commerce growth” according to Zach Moore, founding partner of Velocity.


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