Griffin Industrial Realty Closes Land Purchase

Griffin Industrial Realty Closes Land Purchase

Griffin Industrial Realty said Friday it has closed on the purchase of a 14-acre parcel of undeveloped land in Upper Macungie Township, Lehigh County, Penn. for the planned development of a warehouse. Griffin paid approximately $1.8 million for the land at closing using cash held in escrow for a like-kind exchange. The funds in escrow were the proceeds from the sale of approximately 76 acres of undeveloped land in Southwick, […]

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