16A — March 14 - 27, 2014 — Pennsylvania — Mid Atlantic Real Estate Journal
www.marejournal.com
C entral PA
NAI CIR negotiates 7,679 s/f in 2 transactions NAI CIR’s Jack Shepley and Brad Swidler receive top awards at NAI Global convention
C
years. Jack, the first NAI CIR professional so recog- nized, was among four in- ternational inductees. Jack, an acknowledged industrial real estate expert, is a Board Member of the Philadelphia Chapter of SIOR and a grad- uate of Dickinson College and the Wharton Manage- ment Program. Brad Swidler was hon- ored by NAI Global as a 2013 Top Producer. Based on calendar year transactions between NAI member firms, Top Producers represent the top 3% of all NAI profession-
als internationally. Brad, an investment professional with concentrations in industrial and retail investments is a graduate of the John Grove School of Business at Ship- pensburg University. In addition NAI CIR an- nounces the following recent transactions: Rehabilitation & Commu- nity Providers Association has leased 6,179 s/f of new office space at 777 East Park Dr., Lower Paxton Twp. The Bi l l Glads tone Group of NAI CIR handled the transaction for the Asso-
AMP HILL , PA — NAI Global , one of the largest and
ciation and Eric Kunkle of PMI represented the prop- erty owner. RRTS Properties, LLC has purchased 1,500 s/f of office space at 3030 Gettysburg Road, Lower Allen Twp. Craig Rahn of NAI CIR handled the transaction for, the property owner, and Brent Lettich of RE/MAX 1st Advantage represented RRTS Properties. n C & W brokers sale of Carlisle Industrial asset
sented during the 2014 NAI Global Convention in Las Vegas from February 4-6th, 2014. J a c k
most power- ful networks o f own e r - o p e r a t e d commercial real estate b r o k e r a g e firms in the world, has announced
S h e p l e y SIOR , was i n d u c t e d into the NAI Global Hall o f F ame . The Hall of Fame recog-
Jack Shepley
nizes professionals who have transacted over a minimum of one million dollars of mul- timarket business across the NAI Global system for five Brad Swidler
that two NAI CIR profes- sionals were individually honored for leading NAI mul- timarket real estate transac- tions. The awards were pre-
2 Ames Dr.
CARLISLE, PA — An industrial brokerage team based in Cushman & Wake- field ’s Harrisburg office has orchestrated the trade of 1 and 2 Ames Drive in Carlisle. A partnership of Dermody Properties , operating part- ner, and PCCP , capital part- ner, purchased the asset, located within the red-hot PA I-81/I-78 Corridor, from a partnership of USAA and Trammell Crow Develop- ment . Cushman & Wakefield’s Gerry Blinebury , Adam Campbell , Pat McBride and Leah Balerno handled the sale transaction. According to Blinebury, the region’s favor- able market fundamentals – punctuated by sustained tenant activity, declining va- cancies and high barriers to entry – presented an attrac- tive investment opportunity. “Dermody Properties made a strategic decision to get back into a market where it had been extremely successful in the past,” he said. “The com- pany developed, leased and sold more than 3.8 million s/f within two miles of this project. This track record and Dermody Properties’ resulting familiar- ity with the area provide a real advantage.” Blinebury added that the new ownership will make several enhancements to further improve the property’s positioning. n
Made with FlippingBook - Online catalogs