4-10-20

16A — April 10 - 23, 2020 — Pennsylvania — M id A tlantic Real Estate Journal

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P ennsylvania The property sells for $6.5 million in York County Bennett Williams' Kahlbaugh & Neiman rep. seller in 336AC sale

ORK COUNTY, PA — Keith Kahlbaugh and Dennis Neiman of Bennett Williams Com- mercial represented the sell- er Codorus Stone & Supply Company Inc. in the sale of three contiguous parcels of land totaling 336 acres located at 130, 135, and 145 Mundis Race Rd. and adjacent to the York County Industrial Park. York is a highly recognized and established industrial market situated three miles from the I-83 & Rte. 30 inter- change and 23 miles from PA Tpke. I-76. This location has a population of 314,607 and workforce of 252,924 within a 20-minute drive time. The area is a premier market for industrial space and in the recent years a rapidly grow- Y PENNSYLVANIA — Lee & Associates announced the promotions of two senior profes- sionals in its Eastern Pennsyl- vania office. Patrick Lafferty II and Eric Zahniser were each named VP moving into 2020. Lafferty II, is an industrial agent representing tenants and landlords in the greater

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336 acres located at 130, 135, and 145 Mundis Race Rd.

ing warehouse market. This is due to an easily accessible roadway system, the ability to reach 70 to 80% of the U.S. population in 24 hours, and copious work force. Some of the well-known companies in the area include Harley- Davidson, Starbucks Roasting Philadelphia region with a concentration on the I-95 and I-295 corridors in both PA and Southern NJ. Zahniser’s focus includes landlord and tenant repre- sentation, site selection and acquisition as well as corporate solution endeavors. Eric has executed leasing and develop- ment projects throughout the

Plant, Snyder’s Lance, Voith Hydro, Utz Quality Foods, and Johnson Controls. The property sold for $6.5 million. Future plans for the proper- ty are a five-building 1,616,100 s/f state of the art class A lo- gistics park. 

greater Philadelphia region. He draws on his financial and transactional expertise along with his corporate real estate background to help end-users and investors solve their top real estate challenges. He is a member of the Industrial Asset Management Council (IAMC) where he is the Co-chair for the Emerging Leaders task force.  Lee & Associates promotes Lafferty II and Zahniser

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Call or email Kerrin Devine kdevine@marejournal.com 781.740.2900

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