Real Estate Journal — Eastern Pennsylvania — October 16 - 29, 2015 — 11C
www.marejournal.com
M id A tlantic
E astern PA
405,000 s/f distribution center in Union Twp. R. S. Mowery & Sons serves as general contractor onDermody Properties &PCCP’s LogistiCenterSM
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will also include 36 feet of clear height, 81 dock doors, 60- foot loading bays, parking for 220 cars and one extra trailer parking space per dock door. “We are pleased to be break- ing ground on another facility with PCCP as our partner,” said Douglas Kiersey, Jr. , president, Dermody Proper- ties. “LogistiCenterSM at 78-81, and all of our projects currently under development in Pennsylvania and New Jersey, fit within our strategy of providing premier develop- ments in markets with key demand drivers.” n
nion Township, PA — Dermody Pr ope r t i e s and
PCCP recently broke ground on a 405,000 s/f distribution center in Union Twp. Known as LogistiCenterSM at 78-81, the new facility is located on a 43-acre site at the intersection of I-78 and I-81. Dermody Properties and PCCP broke ground at the site on September 16, and expect to complete construction in the spring of 2016. R. S. Mowery & Sons, Inc. is serving as the general con- tractor for the project. “Having recently acquired this site with PCCP, we are excited to now turn our at- tention to the development of LogistiCenterSM at 78-81,” said Eugene Preston , part- ner, Dermody Properties East Region Office. “We are focused on designing and building a modern, flexible-use facility that will allow future custom- ers to reach consumers quickly and efficiently.” Upon completion, Logisti- CenterSM at 78-81 will be a front-load distribution build- ing with a separate lot provid- ing excess parking capacity. The state-of-the-art facility Binswanger handles multiple Philadelphia sales Bala Cynwyd, PA — Rep- resenting 9 Presidential As- sociates, Scott Gabrielsen of Binswanger , working with James Dugan and Mike Ma- loney of Newmark Grubb Knight Frank , negotiated the sale of their 26,584 s/f of- fice building at 9 Presidential Blvd. in Bala Cynwyd. The building was purchased by Brandywine Realty Trust for $4 million. Binswanger represented Darby ESK Property on the purchase of an 8,532 s/f class A office building at 1950 Law- rence Rd. in Havertown. The property was sold by Lee Ca- saccio for $1.662 million. Mike Barker of CBRE represented the seller. Working for Glenbrook Re- alty Associates, Binswanger ar- ranged the sale of a three-story 11,200 s/f building on .148 acres located at 806, 808 and 810 Glenbrook Ave. in Bryn Mawr. The property was purchased by Richard I. Rubin for $900,000. The transactions were han- dled by Gabrielsen. n
LogistiCenterSM at 78-81
R. S. Mowery & Sons is proud to be selected as the general contractor for the new Dermody Properties and PCCP 405,000 SF Distribution Center in Union Township, PA.
R. S. Mowery & Sons... for the experience!
R. S. Mowery & Sons, Inc. General Construction • Design/Build • Construction Management 1000 Bent Creek Boulevard Mechanicsburg, PA 17050 (717) 506-1000 www.rsmowery.com
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