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NAI Keystone's Bryan Cole handles sale of foreclosed piece of land in Douglassville PA


Industrial Real Estate Transaction in Berks County. Hamburg Industrial Real Estate Deal by Bryan Cole of NAI Keystone Commercial & Industrial, LLC - The Premier Commercial and Industrial Real Estate firm in Reading Berks County Pennsylvania. for more information.

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  • pg 1
									Park Avenue Funding finds results by
utilizing NAI Keystone and Bryan Cole


                     Rt. 422
                     Douglassville, PA 19508


                     Park Avenue Funding took back a 2.5 Acre commercial lot, which was part of
                     a bankruptcy. The site was located in a small Berks County sub-market, and
                     had limited access to main road systems, and a raw piece of dirt. Park Ave-
                     nue Funding was looking for a brokerage firm to dispose of the asset quickly,
                     without giving a development time.

                     NAI Solution:

                     NAI was able to successfully complete the sale of the asset within 4 months
                     of initiating the assignment. The agreement was structured to give the buyer
                     only three months to complete due diligence and settle within 30 days there-
                     after. NAI listed the property at $300,000 which was not a quick sale price,
                     being that the site was completely un-improved other then a retention basin
                     in the rear of the site due to nearby development. NAI sold the site for
                     $200,000 by utilizing its large list of developer, retail contacts; and structuring
                     the deal to give the developer just enough time to feel they could get their
                     approvals. NAI now works with PAF to dispose of assets throughout the
                     state of PA.

                     Who is NAI Keystone:

                     NAI Keystone is a full service commercial and industrial real estate firm. NAI
                     Keystone maintains a prominent market share in Berks and Schuylkill Coun-
                     ties. NAI offers various services including but not limited to; Landlord repre-
                     sentation, tenant representation, consulting services, site development, site
                     selection, and property management.

                     NAI Keystone is part of NAI Global, which is a managed network of commer-
                     cial real estate brokers and companies which spans throughout the world.
                     NAI Global has 325 offices in 55 countries and an annual transaction volume
                     of $45 Billion.

                     For additional information please visit or email us at

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