28D — March 18 - April 21, 2022 — The Best of 2021 — M id A tlantic Real Estate Journal



Landmark Commercial Realty 100 First Avenue Gouldsboro, PA

600 Ridge Road Piscataway, NJ

Size: 390,000 SF Brokers: Jason Grace, SIOR; CEO & Managing Principal

Size: 469,600 SF on 65 Acres Brokers: Thomas Kirczow with NAI DiLeo-Bram & Co. represented the seller in this transaction and Duke Realty was represented by Seth Hall 600 Ridge Road, built in 2019, is in New Jersey’s high demand Exit 10/287 Corridor sub - market. The facility is leased to Kiss Nail Products Inc. and serves as its distribution center for nail products, hair accessories and cosmetics that ship to retailers in more than 100 countries. The building boasts 40-foot clear height, 100 dock doors and a 130-foot truck court. The warehouse is well-situated just two miles from I-287 and twelve miles from I-95.

Broadrange Logistics LLC recently purchased a 390,000 SF Class A distribution facility situated on 60 acres located within Covington Industrial Park at 100 First Ave, Gouldsboro, PA in Covington Township, Lackawanna County, from EQT Exeter Property Group Inc. of Philadelphia. The institutional-grade facility is equipped with modern design elements includ- ing abundant loading, trailer parking and clear height and is fully approved for an expansion of up to 550,000 SF. It will serve as the Northeast logistics facility for Broadrange Logistics LLC and their existing client network

The LARGEST RETAIL SALE of 2021 Colliers

JLL Capital Markets Greater Phila. Retail Portfolio Pennsylvania

Landmark Commercial Realty 2222 Paxton Stree Harrisburg, PA

Carbon Plaza Shopping Center Leighton, PA

Size: 210,000 SF Brokers: Jeff Algatt, Scott Horner, Derek Zerfass ​Colliers is pleased to announce the team of Jeff Algatt and Scott Horner recently completed the investment sale of Carbon Plaza, a 210,000 SF grocery-anchored shopping center at 1241 Blakeslee Blvd Dr E, Lehighton Pennsylvania as exclusive listing agents on behalf of their Delaware-based private capital Seller. The team was able to secure a seasoned investor of - fering an $18 million all cash, no financing purchase with an aggressive due diligence and closing schedule on behalf of their client. Colliers’ Derek Zerfass represented the Buyer, a private equity investor and developer based in central New Jersey. The Colliers leasing team led by Horner will continue as leasing agent for the Buyer.

Size: 802,918 SF Brokers: Chris Munley, James Galbally, Colin Behr Five property, grocery anchored retail portfolio highlighted by high performing grocers and home improvement an - chors, with long tenured and e-commerce resistant inline tenant base. The WALT between the anchor tenants total 13+ years. The properties were located within institutional quality demographic areas, engrained within dense resi - dential neighborhoods. Pricing held constant to pre-Covid valuations, proving out strong demand for high performing grocery anchor centers.

Chuck Heller

Size: 44,443 SF Broker: Chuck Heller, Executive Vice President 44,443 SF flex retail space sold to a pre-owned car dealership. Chuck Heller, Executive Vice President represented the buyer, while Roy Brenner, VP – Corporate Services represented the seller.

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