25 INDUSTRIAL WAY
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Location
25 INDUSTRIAL WAY
Mblu
46/ / 105/ /
Owner
BPP PARTNERS INDUSTRIAL PROP OWNER LLC
Total Market Value
$11,023,400
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$9,121,700$1,901,700$11,023,400

Owner of Record
OwnerBPP PARTNERS INDUSTRIAL PROP OWNER LLC
Co-OwnerC/O BLACKSTONE PROPERTY ADVISORS LP
Sale Price$30,200,000
Certificate
Book & Page 36418/0097
Sale Date10/22/2021
Instrument1V

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
BPP PARTNERS INDUSTRIAL PROP OWNER LLC$30,200,000 36418/00971V10/22/2021
P8/OLIVER 25 INDUSTRIAL LLC$14,850,000 33371/02751U09/23/2019
CRYSTAL WILMINGTON WAREHOUSE LLC$1 27189/00181F04/17/2013
MASIELLO RONALD E TR$6,378,000 13923/02980011/01/2002
SAGRIS GRANTLY$1,065,000 02055/0148 03/13/1973

Building Information
Building 1 : Section 1
Year Built: 1970
Living Area: 120,000
Building Attributes
FieldDescription
Style:Truck Terminal
ModelIndustrial
GradeAverage +10
Stories:1
Occupancy3.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2Concr/Cinder
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeHot Air-no Duc
AC TypeNone
Bldg UseIndustrial Warehouse
Total Rooms 
Total Bedrms00
Total Baths2
1st Floor Use:4010
Heat/ACNONE
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallNONE
Rooms/PrtnsAVERAGE
Wall Height32.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 117,552 117,552
AOFOffice, (Average) 2,448 2,448
   120,000 120,000

Extra Features
Extra Features
CodeDescriptionSize
SPR1SPRINKLERS-WET120000.00 S.F.
LDL1LOAD LEVELERS3.00 UNITS

Land
Land Use
Use Code4010
DescriptionIndustrial Warehouse  
Land Line Valuation
Size (Acres)5.76

Outbuildings
Outbuildings
CodeDescriptionSize
PAV1PAVING-ASPHALT48200.00 S.F.
RRRRAILROAD SPURS2400.00 L.F.
SGN2DOUBLE SIDED20.00 S.F.&HGT

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