M id A tlantic Real Estate Journal — March 19 - April 15, 2021 — The Best of 2020 — 25C The BEST HISTORIC PRESERVATION PROJECT of 2020 Benchmark Construction LancasterHistory James Buchanan’s Wheatland Roof Replacement JZA+D 30 Maclean Princeton, NJ
www.marej.com
This project converts a historic meeting house near the center of Princeton, previously used by a local Freemasons chapter, to new use as a mixed-income multifamily residence. Designed by local architecture firm JZA+D for developer Princeton Maclean LLC, the deal introduced much-needed new residential units in this quiet, walkable area while preserving both the neighborhood character and one of its most iconic buildings. The gut renovation created ten studio, 1-bedroom, and 2-bedroom loft-style apartments, ranging from 500 to 1000 s/f, while the exterior was restored and an elevator tower added. The residence achieved Gold certification under LEED for Homes.
In Lancaster, PA, the Homeplace and Estate of President James Buchanan still stands. His home, originally built in 1828, needed a significant roof replacement, but a building of this age and state required special care. Slate was imported from Vermont to match quality and size, specific materials like copper, lime, and cedar were sourced to align with the proper time period, and restoration of architectural details were of significant importance. The architect, Heritage Design Collaborative & William Cook Architecture and Planning were imperative to the project’s success. In 2020, the Preservation Pennsylvania awarded this project with a Special Focus Award in Preservation Planning
The LARGEST LAND LEASE of 2020 Colliers
Bennett Williams Walnut Bottom Rd. Shippensburg, PA
D2 Organization Braskem Rail Yard at Delaware River Works
TJX Build to Suit Lease Philadelphia, PA
Location: 6300 Philadelphia Pike, Claymont, DE – right off of I-95 Size: 13 Acres 13-acre ground lease and build-to-suit of a 240-car railyard for Braskem America. With very little options for land, Braskem needed a solution for improving rail access and facilitating additional rail ca- pacity to optimize their supply chain & distribution opera - tions at their Marcus Hook plant. D2 collaborated with local, regional, and state authorities on the project. The project was completed timely and was on-line to support Braskem’s efforts in producing polypro - pylene used to make non-woven fabric for PPE such as N95 masks, hospital gowns and hoods, hair nets and sani- tary wipes; Items in high demand during the 2020 COVID pandemic.
Size: 8 Acres Broker: Mark Jacobs
Size:300,000 s/f Broker: Richard Gorodesky
Harlan Electric Company leased approximately 10Acres of Land located at Walnut Bottom Rd. in Shippensburg right off I-81 Exit 29 from Interstate Investors, Inc. As a subcon - tractor for The Transource Energy, Harlan Electric is using the property as a staging area for vehicles and equipment on a project to update and expand the high-voltage elec- tric grid in Franklin County Pennsylvania. The project will save the public money and reinforce the grid against power outages in Maryland and Pennsylvania. Bennett Williams Commercial represented Harland Electric Company and Fisher Companies represented Interstate Investors, Inc.
In November of 2020 Richard Gorodesky, SIOR successfully concluded a build-to-suit lease for a new 300,000 s/f special- ized distribution facility on 21 acres at 9801 Blue Grass Rd. in Northeast Philadelphia. The transaction was facilitated on behalf of his client TJX, parent company of retailer TJ Maxx, Marshalls and Home Goods. 9801 Blue Grass is owned by DH Property Holdings with Bridge Development serving as developer for the project. The new facility will be a state- of-the-art, 53’ clear height, fully air-conditioned distribution facility with superior trailer parking.
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