Real Estate Journal — Pennsylvania — December 13 - 26, 2019 — 9A
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M id A tlantic
P ennsylvania
Penwood purchases facility on I-95 Corridor Scott of Colliers facilitates 100,800 s/f ind. sale in Bristol
Recently Closed Loans
B
RISTOL, PA — Col- liers announced the sale of 220 Ritten-
house Circle in Br i sto l . The proper- ty, a 100,800 s/f and 6.79 acre indus- trial facility t raded f o r $6.8 million. T h e n e w
$6,250,000 $4,500,000 $9,580,000 Multifamily Permanent Financing Industrial Bridge Financing Multifamily Bridge Financing Bloomsburg, PA Norristown, PA Bala Cynwyd, PA 4.25%, 10/30, 71% LTV, Non-Recourse 5.55%, 3-Years Interest Only, 70% LTV 4.5%, 3-Years Interest Only, 75% LTV
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Jim Scott
owner is Penwood Real Estate Investment Man- agement . 220 Rittenhouse sits along the I-95 corridor, less than three miles from New Jersey and 17 miles from downtown Philadelphia. Penwood plans to implement a capital im- provement program, which PITTSBURGH, PA — CORFAC International , the worldwide network of indepen- dent commercial real estate brokerage firms, announced Century Realty LLC/COR- FAC International , with offices in Pittsburgh, PA, and Wheeling, WV, is the newest US affiliate to join the growing global network. “Century Realty is excited to
220 Rittenhouse Circle
includes adding additional loading to improve the prop- erty’s attractiveness for lead- ing logistics companies. Jim Scott of Colliers facili- tated the transaction. begin its affiliation with COR- FAC International. Our team is experienced in all property types across the Pittsburgh re- gion to handle inbound transac- tions fromCORFAC colleagues, and the network relationships help us provide our clients with in-depth market knowledge nationally and internationally,” said John Aderholt , owner/ broker of Century Realty.
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Century Realty LLC joins CORFAC International as Pittsburgh affiliate
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