New HQ and $6.85M Industrial Site Sale Completed in Dover
CBRE has announced the completion of construction of a new 80,000 sq. ft. headquarters facility and the sale of a 6.5-acre industrial development site located at 220 W. Clinton Street in Dover on behalf of Dover Tubular Alloys. SL Acquisitions LLC purchased the development site for $6.85 million.
“Following the completion of construction of its new executive office and distribution headquarters in a deal arranged by CBRE, we worked closely with our client on the disposition of the adjacent 6.5-acre site next to its new headquarters,” said CBRE’s Thomas Mallaney. “We are thrilled with the completion of Dover Tubular Alloys’ new home and gratified to complete the sale of the adjacent development site, bringing in a buyer that has plans for a new, state-of-the-art 123,000 sq.-ft. industrial facility in Dover.”
SL Acquisitions LLC was represented by Resource Realty.