24A — March 2026 — Pennsylvania — M id A tlantic Real Estate Journal
www.marej.com
P ennsylvania
HILADELPHIA, PA — Alterra IOS , a prominent player The ten locations span 45 usable acres Alterra IOS expands with truck terminal portfolio P
NAI CIR brokers Latsha Davis & Marshall lease in Camp Hill
national truck terminal foot - print, strengthening the firm’s presence in supply-constrained, high-demand locations that support regional distribution. “Our acquisition of the Na - tional Truck Terminal Portfolio enables Alterra IOS to expand in wellpositioned markets within key domestic freight corridors,” said Chris White , vice president of acquisitions at Alterra IOS. “With nine of the ten properties fully leased to multinational freight carriers, the portfolio delivers immedi - ate scale and strengthens our footprint in supply-constrained logistics markets.” The portfolio of IOS sites is located in the following markets, listed in descending order by usable acres: • Kennesaw, GA (Atlanta MSA): 19.59 usable acres with 151 drive-in doors and 74,000 s/f of warehouse space • Chester, VA (Richmond MSA): 4.75 usable acres with 40 drive-in doors and 18,730 s/f of warehouse space • Wallingford, CT (Hartford MSA): 4.25 usable acres with 54 drive-in doors and 46,200 s/f of warehouse space • Hagerstown, MD (Balti -
more MSA): 4.30 usable acres with 28 drive-in doors and 20,000 s/f of warehouse space • Woodinville, WA (Seattle MSA): 2.45 usable acres with 31 drive-in doors and 11,200 s/f of warehouse space Salem, VA (Richmond MSA): 2.65 usable acres with 18 drive-in doors and 7,650 s/f of warehouse space • Orlando, FL (Orlando MSA): 2.77 usable acres with 42 drive-in doors and 18,000 s/f of warehouse space Chesapeake, VA (Norfolk MSA): 2.40 usable acres with 32 drive-in doors and 14,500 s/f of warehouse space • Fort Myers, FL (Fort Myers MSA): 2.35 usable acres with 40 drive-in doors and 21,000 s/f of warehouse space • Raleigh, NC (Raleigh-Dur - ham MSA): 1.96 usable acres with 19 drive-in doors and 8,000 s/f of warehouse space As a vertically integrated in - vestor, developer and operator of IOS, Alterra’s investment strategy focuses on acquiring prime IOS locations within dense, infill logistics and trans - portation gateways, ensuring proximity to critical infrastruc - ture and end-users. MAREJ
in the in- dustrial out - door storage (IOS) sector that has ac- quired over 400 sites na - tionwide, an - nounced the acquisition
1250 Camp Hill Bypass
Chris White
providers and enterprise users seeking to secure capacity well ahead of delivery. The report also points to a geographic shift in develop - ment. In primary markets, where approval requirements are more stringent and power delivery timelines more com - plex, early-stage preleasing for projects still in planning phases remains limited. By contrast, tertiary markets are capturing a growing share of development interest, sup - ported by more predictable approval pathways and great - er availability of develop - able land. These markets are increasingly attracting hyperscale and single-tenant colocation projects. Established primary hubs are expected to remain essen - tial for latency-sensitive work - loads such as AI inferencing, streaming, trading, gaming, and other real-time applica - tions. Projects already under - In Milton, the truck repair facility located at 1460 N. Ridge Rd. has been leased to TruckZone, LLC. Based in Cliffwood, NJ, TruckZone operates a full-service truck repair business and is ex - panding its footprint to better serve customers throughout CAMP HILL, PA — NAI CIR announced the lease of the office located at 1250 Camp Hill Bypass to the law firm, Latsha Davis & Marshall. Craig Rahn and Chris Wilsbach , of NAI CIR, repre - sented the tenant in securing this prime location. In Lebanon, the retail in - vestment property located at 702 Quentin Rd. has sold to Landis Wash & Lube. The sale included the drive-through car wash and an additional com - mercial building, strategically located site along Rte. 72. Casey Khuri and Wilsbach of NAI CIR represented the seller in this transaction.
way in these markets are likely to proceed as planned, though future approvals may advance at a more incremental pace. Key findings from the H2 2025 report include: • Vacancy across the Ameri - cas remains at 4.2% despite approximately 3.9 GW of new supply delivered in H2 2025. • A total of 25.3 GW of data center capacity is currently under construction across the region. • Colocation preleasing stands at 78.8%, with U.S. preleasing at 81.5%. • Virginia accounts for 6.3 GW of capacity under con - struction, about 25% of the Americas pipeline, followed by West Texas at 2.9 GW. Six markets now exceed 1 GW under construction. Cushman & Wakefield is a leading global commercial real estate services firm for occupiers and investors with 53,000 employees in over 350 offices and nearly 60 countries. MAREJ the region. The 16,000 s/f facility is situ - ated at the American Truck Plaza along I-80, offering prime highway access and strong visibility for servicing commercial trucking clientele. Nik Sgagias and Robin Zellers of NAI CIR represent - ed the seller in the transaction. The office property located at 4303 Derry St. in Harris - burg has been sold to Gregory Reed of Reed Law. The 2,433 s/f building was acquired by the tenant, who will occupy the property as an owner-user and continue operations at the location. The property features first- floor office space with a sec - ond-floor apt., offering a flexi - ble mixed-use layout. Located along Derry St. in Swatara Twp., the site offers access to I-83, I-81, and Rte. 322. Amber Corbo of NAI CIR represented the parties in the transaction MAREJ
of a ten-property truck ter - minal portfolio located across major U.S. industrial and logistics markets. Collectively, the ten loca - tions span 45 usable acres, include 445 drive-in doors, and have more than 238,000 s/f of accompanying warehouse space. The properties are lo - cated in ten unique markets and nine of the ten properties are fully leased to multina - tional freight carriers. Each of the newly acquired properties is strategically locat - ed near critical transportation infrastructure, including major highways and regional freight corridors, across several key logistics markets. The acqui - sition represents a measured expansion of Alterra IOS’s
ROCK CRE secures 1,555 s/f café space lease in York City’s Susquehanna Commerce Center
YORK, PA — ROCK Com- mercial Real Estate , an industry leader in South Cen -
continued from page 2A Americas data center market shifts to . . .
tral Penn - sylvania, an - nounced that Wired Chef has leased the café space at, 221 West Philadelphia St. in York. The 1,555 s/f cafe space was most re - cently occu - pied by Mag - gie’s Bistro. R O C K Commercial Real Es - tate Advi- sors, Ben
Ben Bode
221 West Philadelphia St. in York
wonderful Downtown York businesses,” said co-owners, Trinh Zapata and Delia Pa - bon. “This space is the perfect blend of convenience and community, with a steady flow of visitors and a welcom - ing atmosphere that’s ideal for our restaurant. At Wired Chef, we pride ourselves on our fresh, made from scratch, high-quality food and drinks - featuring traditional Viet - namese and Chinese dishes that are sure to satisfy every craving. It’s a spot where
people can grab a quick bite, a handcrafted drink, or settle in for a relaxing moment - and we’re excited to be a part of this vibrant space.” “The café at the SCC pro - vides a great opportunity for a small business to enter a lease for a fully-furnished and functioning restaurant space,” said ROCK Advi - sor, Ben Bode, CCIM. “The Wired Chef will be a wel - comed addition to the office complex as well as the local community.” MAREJ
David L. Bode
Bode, CCIM and David L. Bode, CCIM, SIOR , brokered the transaction. “Wired Chef is thrilled to be relocating to 221 West Phila - delphia Street! After two successful years in our cur - rent location, we are ready to grow into a larger space that is located alongside so many
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