20A — March 2026 — Pennsylvania — M id A tlantic Real Estate Journal
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P ennsylvania
LYPHANT, PA — FulfillPlus, one of the nation’s leading VP Bill Jones and Savills coordinate transaction Mericle secures FulfillPlus lease at Mid Valley Ind. Park O
With investment in BTR community PPR Capital Management expands into North Carolina
national ful - fillment and third-party logistics (3PL) pro - viders, has opened its newest ful - fillment cen - ter in Mid
Bill Jones
Valley Industrial Park in Olyphant, PA near Scranton. The company has leased space at 1159 Mid Valley Drive in a multi-tenant flex building owned by Mericle Commer- cial Real Estate Services. FulfillPlus also operates fulfillment centers in Houston, Texas and Fremont, California. The business has served more than 15,000 clients and uses advanced logistics technol - ogy to provide seamless order tracking, inventory manage - ment and shipping solutions to its customers. The company’s centers al - low brands to place inven - tory closer to customers, retail partners, and business buyers resulting in faster shipping, lower costs, and more efficient supply chain operations. FulfillPlus CEO Mohammed Selia said,” Olyphant was a very strategic decision for us. As FulfillPlus continues to expand nationally, we needed a location that strengthens our East Coast footprint while giving our clients faster, more cost-effective access to major population centers from New
Mid Valley Industrial Park
Townes at Millstone
York to Boston to Washington, D.C. Olyphant provides the infrastructure, workforce, and logistics advantages that align perfectly with our long-term growth strategy.” “Partnering with Mericle was equally important,” said Selia. “Their reputation for quality facilities, speed to market, and long-term part - nership mindset made this an easy choice. We are not just leasing space, we are building a long-term operational hub.” Selia said the facility will primarily support omnichan - nel fulfillment for growing e-commerce brands, retail distribution, and B2B clients that require speed, accuracy, and scalable operations. “As supply chains continue to shift toward distributed inventory models, this location allows us to provide one to two-day ground coverage to a large por - tion of the Northeast,” he said. Selia said FulfillPlus antici - pates hiring between 25 and 40 employees in the initial
phase, with the potential to scale significantly as volume grows. He said the new loca - tion is designed with expan - sion in mind, both in workforce and automation capabilities. “Our goal is simple: deliver speed, accuracy, and trust to every client we serve. Oly - phant is a major step forward in that mission,” Selia said. The real estate transaction was coordinated by Mericle VP Bill Jones and the Hous - ton and Philadelphia offices of the real estate brokerage firm Savills . Jones thanked FulfillPlus for choosing Mericle for its real estate needs and expects the company to enjoy great success in Mid Valley Industrial Park. “The company has chosen a geographic sweet spot to serve its customers,” Jones said. “The park offers immediate access to I-84, I-81, and I-380 and is a short drive to I-476 and I-80. This puts 35 million people within a three-hour drive.” MAREJ
WAYNE, PA — PPR Capi- tal Management (PPR) , a private equity real estate in - vestment firm, announced its investment in the Townes at Millstone, a 133-unit build-to- rent (BTR) townhome commu - nity in downtown Kannapolis, North Carolina. Serving as the company’s first investment in the Charlotte metropolitan area, Townes at Millstone is a part of Millstone Village, a 20+ acre master-planned urban infill project developed by Cambridge Properties , a Charlotte, NC-based real estate developer. A gateway to downtown Kannapolis, Millstone Village will be anchored by the first Harris Teeter grocery store to open in the company’s home state of North Carolina since 2020. Located at the bustling intersection of N. Main St. and N. Loop Rd., the project will also include 304 luxury class A multifamily units, 12,600 s/f of retail shop space, and a national branch bank. With its first units planned for 2027 delivery, Townes at Millstone is located within the 350-acre NC Research Cam - pus and directly walkable to Kannapolis’s revitalizing downtown, ideally positioned in a rapidly growing market benefitting from significant institutional investment. The acquisition comes as PPR’s build-to-rent strategy continues to gain traction. The firm’s TN-based High - line at Knoxville community recently achieved stabiliza - tion, underscoring the strong demand for quality rental housing options as elevated mortgage rates continue to challenge homeownership affordability. The Townes at Millstone investment marks the firm’s fourth BTR com - munity and brings its total multifamily unit count to
over 3,000. “The Townes at Millstone is a meaningful step forward in PPR’s commitment to build - ing a diversified platform that creates lasting value for our investors,” said Steve Meyer , chief executive offi - cer at PPR Capital Manage - ment. “Our expansion into the Charlotte market through a grocery-anchored BTR com - munity reflects the institu - tional rigor and disciplined approach our investors expect from us. As we continue to diversify across asset classes and high-growth markets, we remain focused on deliver - ing consistent, risk-adjusted returns while empowering our accredited investor com - munity with access to oppor - tunities historically reserved for large institutions.” Craig Johnsen , chief asset officer, added: “Build-to-rent continues to post strong per - formance on the key metrics that drive long-term value, particularly resident reten - tion and occupancy stability. Early results at Highline at Knoxville bolster our con - viction in grocery-anchored BTR communities that com - bine convenience, lifestyle amenities, and affordabil - ity. Kannapolis represents an attractive entry point into the greater Charlotte market, which continues to benefit from strong popula - tion and employment growth, and the mixed-use nature of Millstone Village positions this community to capture sustained renter demand in one of the Southeast’s most dynamic growth corridors.” PPR’s investment is made alongside sponsor and master developer Cambridge Proper - ties and facilitated by equity broker CBRE , with financing provided by Atlantic Union Bank. MAREJ
Bennett Williams orchestrates 4,064 s/f lease of retail space at 1341 S Main Ave., Scranton
GSD Pradsavi Colonial Com - mons LLC. Blake Shaffer , Rohrbaugh, and Stine of Ben - nett Williams Commercial rep - resented the tenant and the landlord in the transaction. 10,600 s/f industrial space at 1085 Andrew Dr., West Ches - ter, Chester County. Kindred Couches, LLC leased space from 1085 BWR, LLC. Tom- my Ciccarone Jr. and Alec Werner of Bennett Williams Commercial represented the landlord in the transaction. 10,499 s/f retail space at 3106 E Pleasant Valley Blvd., Altoona, Blair County. Loyal Properties, LLC purchased property from Paulo Altoona LLC & Kalliopi Altoona LLC. Adam Hagerman , Bruso,
Rohrbaugh, and Stine of Bennett Williams Commer - cial represented the seller in the transaction. 10,400 s/f industrial space at 398 S Main St., Manheim, Lancaster County. G.H. Me - chanical purchased property from CT & MB LLC. Joshua Miller and Tom Troccoli of Bennett Williams Commer - cial represented the seller in the transaction. 8,094 s/f retail space at 35 S Willowdale Drive., Lan - caster, Lancaster County. Freedom Image Group, LLC leased space from MP Lan - caster, LLC. Shaffer, Bruso, Rohrbaugh, and Stine rep - resented the landlord in the transaction. MAREJ
SCRANTON, PA — Ben- nett Williams Commercial , one of the largest thirdparty, commercial real estate firms in Central Pennsylvania—has arranged the sale/lease of the following transactions: 4,064 s/f retail space at 1341 S Main Ave., Scranton, Lacka - wanna County. Original Jitty Joes LLC leased space from K and J Real Estate LLC. Brad Rohrbaugh, Chad Stine, Dave Nicholson, and Cale Bruso of Bennett Williams Commercial represented the tenant and the landlord in the transaction. 18,450 s/f retail space at 5070 Jonestown Rd., Har - risburg, Dauphin County. Barnes & Noble Booksell - ers, Inc. leased space from
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