County Line Commerce Center Sells for $11.2 Million

Wayne, PA (July 19, 2018) — NKF Capital Markets has announced the successful completion of the sale of County Line Commerce Center (101-163 East County Line Road) in Warminster, Pennsylvania. The NKF Capital Markets team of Mike Margolis, Dave Dolan and Dave Garonzik, along with local market experts Neil Shupak and Justin Bell represented the seller Crossroad Partners in the $11.2 million trade of the property. The buyer is a joint venture including Corvest Realty Group and Balashine Properties, both from Blue Bell, Pennsylvania. In addition to representing the seller, Neil Shupak and Justin Bell were retained to handle the leasing of County Line Commerce Center.

The 427,421-square-foot property consists of five buildings, four of which are interconnected, varying in heights of one, two and three stories. The two tenants currently occupying County Line Commerce Center, ABB and Advanced Coatings, provide the property with 7.44 years of weighted average lease term.

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