Englewood company picks up Johnstown industrial building for $14.6M
JOHNSTOWN — An Englewood property investor has purchased a new industrial warehouse property in the Ironhorse development at 3607 Ronald Reagan Blvd. in Johnstown. Purchase price was $14.6 million in a deal that closed Aug. 17.
Seller was IH Industrial One LLC, a company affiliated with McWhinney Real Estate Services Inc. Buyer was 3607 Ronald Reagan Owner LLC with an address of 4765 S. Clayton Court in Englewood. Stuart Platt is the listed registered agent. Platt is also the registered agent of Silver Point Development LLC.
The warehouse sits on 6.59 acres and is 50% leased, said Clayton Priston, a partner in…
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