Marcus & Millichap Negotiates
$3.4 M Distribution Transaction

Northeast Real Estate Business
Volume 4, Issue 2 – August 2007

Altoona, PA

Matthew Gorman and Thomas Gorman of Marcus & Millichap's Philadelphia office have represented the seller, Dan Lawruk of Lawruk Properties, in the $3.4 million sale of a FedEx Ground distribution center in Altoona. The tenant recently signed a 7.5-year lease and expanded its facility by 9,200 square feet. Adam Levy of Marcus & Millichap's Chicago office procured the buyer, Mike Askotzky of Trike Property Management.

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“…$3.4 million sale of a FedEx Ground distribution center…”

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