Weilheimer & Briones of Kislak arrange sale of two fully-occupied industrial buildings in Allentown
Allentown, PA — The Kislak Company, Inc. announced the recent sale of two industrial properties at 2591 Mitchell Ave. and 2330 26th St. SW in Allentown, Lehigh County for an undisclosed price.
Kislak marketed the properties on behalf of the seller, JD Allentown I and II, with senior vice president Matt Weilheimer handling the assignment. Vice president Davis Briones represented the purchaser, Mitchell Partners Group LLC. Both parties are new clients of the brokerage company. Weilheimer commented upon the sale: “The purchaser was focused on industrial investment and driven to purchase these properties because of yield.”
Built in 1971, the one-story Mitchell Ave. building, situated on 3.28 acres of land, contains 31,946 s/f of space and features 14-16’ ceiling heights, two loading docks, one drive-in door, and a covered canopy at the rear of the building.