REBusinessOnline

BDB CO. SELLS FOOD WAREHOUSE AND DISTRIBUTION FACILITY

PHILADELPHIA — BDB Co., a private partnership affiliated with Brooks Provisions, has sold 3445 and 3535 S. Front St. in Philadelphia to Ashforth Paradigm Capital Advisors for $7.65 million. Located on 3.26 acres within the Food Distribution Center of the city, the 86,315-square-foot cold storage food warehouse and distribution facility comprises a one-story facility and three stories of office space. Brooks Division, the sole tenant, will continue to lease the facility in its entirety. Stephen Marzullo of CB Richard Ellis and the firm’s Investment Properties Group represented the seller in the transaction. Patrick Green and Michael Mullin of CB Richard Ellis’ Industrial Properties team assisted in the disposition as well.

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