10C — April 11 - 24, 2014 — Pennsylvania — Mid Atlantic Real Estate Journal
E ASTERN PA
John Barry of Investment Real Estate represents buyer and seller Investment Real Estate announces the sale of Leesport Self Storage for $1.7 million
ERKS COUNTY , PA — Investment Real Estate, LLC announced the sale of Lees- port Self Storage located in Berks County. John Barry of Investment Real Estate represented the seller and the buyer in the sale. The property sold last month for $1.7 mil- lion. The single story facility was over 85% occupied at the time of sale. The property sits on 40,825 square feet and holds 315 storage units, and includes climate-controlled self-storage. The buyer is a local owner/operator looking B
to expand the company’s self- storage holdings. The Investment Real Estate Group of Companies has been involved with this property since its inception. According to Barry, “We provided the feasibility study, construc- tion management, property management and finally the brokerage services to the sell- er over the course of their ownership of the asset. It was a pleasure working with our client from the inception of the project through a sale.” Sidney Gable, As- sociates announce 40,000 s/f lease KING OF PRUSSIA, PA — Sidney E. Gable, Asso- ciates, Inc. announced the completion of a five year lease extension of 40,000 s/f of office and warehouse space with Baystate Pools at 411 Feheley Dr., King of Prussia, PA. The extension begins Nov 2014 and ends in 2019. Baystate Pool Supplies is a third generation, family- owned pool and spa supply wholesale distributor and deals with service builders, service techs and retailers in the industry. The total value of the lease is $1,600.000. Dietrick Group promotes Lee ALLENTOWN, PA — Di- etrick Group, LLC , Allen- town, recently promoted Shel- ley Lee as its new marketing coordinator. As its marketer, Lee will handle social media, web, press and print direc- tives. Lee graduated Cum Laude from DeSales Univer- sity in Center Valley, PA, and subsequently gained clerical and marketing experience at the Ephrata Public Library (Lancaster County) with event coordinating and program de- velopment. Prior to working at Dietrick Group, she spent two years as the administrative assistant to the Operations Manager at Clearview Global Wealth Advisors.
Leesport Self Storage
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