Case Study :: SuperValu – Nazareth

Property: SuperValu 3747 Hecktown Road Lower Nazareth, Pennsylvania Assignment: – Disposition of vacant 232,180 SF warehouse distribution building – Prepare Highest and Best Use Evaluation Report – Implement an exclusive web-based marketing program

Challenges:
– An older less functional single loaded distribution building with 25’ clear ceiling height and 30,000 square foot office area

Conclusion:
– Secured a User Buyer, Phillips Feed, within 30 days of marketing
– Sold the property for $10.75 million ($46 psf)