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The latest and greatest Class A industrial properties command the spotlight these days, but once in a while a deal stands out for bucking that stereotype. An affiliate of Velocity Venture Partners, Bala Cynwyd, Pa., has sold a 450,000-square-foot industrial building in Yeadon, Pa., near Philadelphia, for $59 million. Newmark arranged both the sale to an undisclosed buyer and the acquisition financing.

The Class C property at 6250 Baltimore Ave., known as Yeadon Industrial Center, was completed in 1955, according to CommercialEdge data. Nonetheless, the recently renovated property is 96 percent occupied, Newmark reported. A recent addition to the tenant roster, CommercialEdge indicates, was Peak Supply Chain Solutions, for about 80,000 square feet.