Hatboro, PA — NAI Mertz negotiated the sale of a 26,700 s/f industrial building located at 250-252 Wood St. in Hatboro. Jeffrey Licht, SIOR, senior vice president, and Adam Lashner, SIOR, vice president, represented the seller, Reads Moving Systems, in the transaction.
The purchase represents an expansion for Mastrocco Moving & Storage from its current 40,000 s/f facility at 1060 Louis Dr. in Warminster.
“This building was the ideal warehouse facility for the company, which was seeking high bays, wide columns and central loading,” said Lashner. “We are pleased to have represented the seller in this transaction, and to bring another quality company to Hatboro,” he added.
Zoned heavy industrial, 250-252 Wood St. is a 26,700 s/f single-story warehouse located on 1.4 acres, just 3.4 miles from the Willow Grove interchange of the Pennsylvania Tpke. The building features 22’-32’ ceiling heights, wide column spacing, four tailgates, one drive-in and a 3,000 s/f office area.