Real Estate Journal — Pennsylvania — August 12 - 25, 2016 — 5C
M id A tlantic
P ennsylvania The firm’s new office will be located in Center City Marcus &Millichap expands and relocates inPhiladelphia P HILADELPHIA, PA — Marcus & Millic- hap has announced the
Colliers International facilitates sale of industrial facility for $2.85 million
total. “The move and expansion is integral to maintaining our position at the forefront of commercial sales,” adds Baskin. “Our teams are ex- cited about the growth we are experiencing. It allows us to bring on additional investment sales brokers to support the quickly growing Philadelphia market, which is gaining momentum across all sectors.” “Philadelphia has become a prime destination for interna- tional investors,” adds Mark Taylor , a senior vice presi-
dent investments in Marcus & Millichap’s Philadelphia office. “As our market share increases, it’s crucial to have a both strong downtown pres- ence and a suburban office.” Located in Philadelphia’s main business district, Mar- cus &Millichap’s new 10,000 s/f office space will accom- modate the rapid growth and future plans expected for the firm. The building features courtyards with full service restaurants, state-of-the-art conference rooms and an auditorium. n
16 Hagerty Blvd.
The buyer selected the property due to its outstand- ing, highly-desired location at Rte. 202 and Matlack St., the compatibility of the space to fit their needs, and as a stable investment op- portunity. Larry Bergen of Colliers International’s industrial division, represented the buyer. Steve Italiano of Italiano Commercial Real Estate Services represent- ed the seller. n
WEST CHESTER, PA — Colliers International an- nounces the sale of a 35,150 s/f industrial facility situated on 3.18 acres for $2.85 mil- lion. The site, located in the Birch Run Industrial Park at 16 Hagerty Blvd. in West Chester, was the former home of VF Technologies. The buyer, Turf Equipment and Supply Co. will occupy 21,670 +/- s/f of clear-span, crane-served space with con- tiguous offices.
relocation of its Philadel- phia office to Center City Philadelphia and the open- ing of an ad- ditional of- fice in Wyn- newood. The main
office’s address will be: One Commerce Square, 2005 Mar- ket St., Suite 1510, Philadel- phia, PA, 19103. On May 27th, 2016 the firm opened a new office at 308 East Lancaster Ave. inWynnewood, Pa., 19096. Brenton Baskin , regional manager of Marcus & Millic- hap’s Philadelphia office, will lead both moves and serve as regional manager of the two offices, which are expected to encompass 100 employees Bennett Williams Commercial brokers 9,324 s/f of leases YORK, PA — Bennett Williams Commercial has arranged the following trans- actions: 1,500 s/f retail space at Donegal Square, 2201 Strick- ler Rd., Rapho Twp. Tropi- cal Smoothie Cafe leased the property from Mt Joy Partners. Abe Khan, Brad Rohrbaugh and Chad Stine represented both the tenant and the landlord in the transaction. 2,200 s/f retail space at Walker Road Shoppes, 580 Walker Rd., Chambersburg Borough. Pie Five Pizza leased the property from Quattro Chambersburg, LLC. Rohrbaugh and Stine represented the landlord in the transaction. 4,674 s/f retail space at Donegal Square, 2101 Strick- ler Rd., Rapho Twp. Fud- druckers leased the property fromMt Joy Partners. Khan, Rohrbaugh and Stine repre- sented both the tenant and the landlord. 950 s/f retail space at State Street Plaza, 829 State St., Lemoyne Borough. String Theory Yarn Shop leased the property from State Street Plaza Associates, LP. Adam Hagerman , Rohrbaugh, and Stine represented the landlord. n
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