Park Avenue Funding finds results by
utilizing NAI Keystone and Bryan Cole
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 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 www.Bryanecole.com or email us at