P ENNSYLVANIA
S HOPPING C ENTERS
Section C of the Mid Atlantic Real Estate Journal
Brasler Properties pleased to deliver 115,000 s/f production facility in Berks County, PA NAI Keystone Commercial and Industrial leases 238,665 s/f at Route 61 distribution facility
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U H L E N B E R G TOWNSHIP, PA — Pratt Display Di-
YORK, PA — Bennett Wil- liams Realty, Inc. , one of the largest third-party, com- mercial real estate firms in Central Pennsylvania has ar- ranged the sale of the following transactions: Franklin County Area De- velopment Corp. purchased a 33,000 s/f industrial building for $1.675 million at 1101 Sheffler Dr. in Chambers- burg. Chad Stine and Brad Rohrbaugh of Bennett Wil- liams represented both the buyer and the seller, Chesa- peake Holdings Olsen, LLC in the transaction. Joseph Webber bought 2,715 s/f 5 Guys Burgers & Fries NNN Investment prop- erty at 720 Loucks Rd. in York from Atlantic Proper- ties, for 1,385,000. Stine and Rohrbaugh represented the seller in the transaction, and Gary Russell , also of Ben- nett Williams, represented the buyer in the transaction. Brasler Properties said, “We are very pleased with the in- credible effort to deliver a com- pleted fit out of 5,500 s/f of new offices, complete replacement of high output efficient lighting for the entire production floor of 115,000 s/f, paved employee parking and other necessary work to accommodate Pratt in the complex. The schedule for delivery was compressed and accomplished from permit submission to Certificate of Occupancy in an incredible 11 weeks!” Keystruct Construc- tion was responsible for the succes s/ful delivery. Disci- plined coordination and the cooperation of all parties from the contractor, their subs, Ar- chitects, property ownership, tenant and Township, were the necessary ingredients that allowed this sort of quick build and smooth transition. Steve Willems from NAI Keystone Commercial & Industrial, LLC was the sole broker in the transaction. EthoSource and Landis Lo-
vision officially commences operations of 115,000 s/f pro- duction facilities at the Rte. 61 Distribution Center. A se- nior executive with Pratt said the company was looking to expand its footprint in the northeast to better service its customer base. “This part of the country offers tremendous opportunity for our company to continue to grow” said John Keck, president of Pratt’s Dis- play Division. Chris Brasler , CEO of
Rte. 61 Distribution Center tions and Unit 7 35,000 s/f. EthoSource, a wholesale provider of used and new office furniture and demising solu- tions former large office area was not suitable for the low of- fice requirements of our typical manufacturing or distribution tenant complexion, so we are delighted to be preparing the showroom space, of 5,000 s/f to create an open floor plan ap- propriate for furniture sales” said Brasler , CEO of Brasler Properties. Chris goes on to state, “The Muhlenberg Town- ship zoning overlay providing for retail uses is enhancing
gistics also join Pratt Corru- gated Display in recent Rte. 61 leases totaling another 123,665 s/f. And in addition to the Reitnouer Inc, 80,504 s/f lease and Stericyle 9,000 s/f lease there have been a com- bined total of 360,000 s/f of new leases in 6 months. There is only 35,000 s/f left to lease at the Muhlenberg Township property. EthoSource, LLC. term leas- es Unit 5 warehouse and show- room retail space of 45,000 s/f, and Landis Logstics, Inc. term leases Unit 2 78,665 s/f for pick and pack logistics opera-
the diversity of light industrial uses in the immediate area.” Landis Logistics will use this location to transition their operations from primar- ily bulk storage over to the more profitable pick and pack logistics. The new location will require higher employment and will take advantage of the site, public bus stop, 16 loading docks, 25’ clear height, new high efficient - brighter lighting and employee service areas” Willems represented the landlord. Cole represented both tenants. ■
MAY 10 - 23, 2013
HI-LIGHTS Hawley Realty Inc. sells 35,000 s/f office for $2.325 million
Bennett Williams Realty, Inc. brokers sale of four transactions totaling 63,123 s/f for $5.16 million
BartonPartners attends Oxford Mills ground- breaking event 2C
Mark Jacobs , also of Ben- nett Williams, represented the buyer in the transaction. Martin Real Estate Queen St., LLC bought 23,278 s/f office building for 1,800,000 from Susquehanna Bank, at
Typical Life Corp. purchased 4,130 s/f commercial build- ing for 300,000 from Main Street Investment, at 3093 N. George St. in York. Stine and Rohrbaugh represented the seller in the transaction, and
2300 Pleasant Valley Rd. in York. Stine and Rohrbaugh represented the seller in the transaction, and Jeff Kauff- man , also of Bennett Williams, represented the buyer in the transaction. ■
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