S hopping C enters P ennsylvania

M id A tlantic Real Estate Journal — Pennsylvania — June 18 - July 22, 2021 — 11B


E W O X F O R D , PA — The Kislak Company, Inc. an- Vice president Matt Wolf & president Robert Holland handle sale of 110 units The Kislak Company, Inc. sells Misty Creek Village in New Oxford, PA for $17 Million N

leader headquartered in Pittsburgh whose mission is to provide rigorous analytical data for colleges, families, and communities to connect to find the best fit for educa- tional enrollment. The property is within easy access to Rtes. 30, 15 and 94. Matt Wolf joined Kislak in 2017 following over a decade of success in the commercial real estate industry focused on multifamily and other investment sales transac- tions in central and east- ern Pennsylvania. In 2020, he earned the firm’s Jay I. Kislak Producer of the Year award after selling over 1,100 residential units val- ued at nearly $100 million. Wolf is a Certified Commer- cial Investment Member and also holds a Pennsylvania broker’s license. Robert Holland joined Kis- lak in 1984, is one of the firm’s all-time leading sales producers and became Presi- dent in 2012. In addition to overseeing the company and managing a team of sales- people, he specializes in the sale of multifamily and other investment properties. MAREJ

n o u n c e d the recent $ 1 7 m i l - lion sale of Misty Creek Vi l l age , a 1 1 0 - u n i t mu l t i f am- i ly located at 115 Erin Court, New Oxford, Ad- ams County. K i s l a k m a r k e t e d the proper- ty with vice p r e s i d e n t Matt Wolf and pres i -

Matt Wolf

Robert Holland

dent Robert Holland lead- ing the assignment, and they also procured the purchaser. Neither party was disclosed. Wolf commented: “This was a great opportunity to pur- chase a newer complex with the ability to build additional units on adjacent land.” Built in 2016, the property consists of several two-story, vinyl-sided buildings, with one, two and three-bedroom

Misty Creek Village

townhouses constructed with luxurious finishing touches and amenities. Residents en- joy open floor plans with gen- erous living areas, modern kitchen appliances, granite countertops, in-unit wash- ers and dryers, central air- conditioning and patios or balconies.

Amenities include an off- street parking lot, a club- house with workout and community rooms, and pet- friendly options with fees and restrictions as well as paid utilities for garbage and snow removal and lawn service. Situated in a quiet neigh-

borhood minutes from the quaint New Oxford town square, the complex is lo- cated in the Conewago school district, with close proximity to Gettysburg. New Oxford has been ranked in 2021 as one of the Ten Best Places for Families to Live in Adams County by Niche, a market

The Blau & Berg Company arranges the sale of ±54,206 s/f industrial building at 716 Industrial Park Rd., Muncy, PA

facility on 5.16 acres was an ideal fit for Newark Airport’s United Airlines. Maintenance facilities remain scarce in the market, especially those with ample parking such as this. E-commerce has been driving developers and investors to build big box warehouses and distribution centers however the need for maintenance and parking is in higher demand.” Newark real estate contin- ues to be a highly competitive environment, as e-commerce, logistics and industrial de- mand far outweighs supply. This recent transaction allows United Airlines to remain a leader in the airline industry and stay committed to provid- ing a level of service to their customers. MAREJ

MUNCY, PA — The Blau& Berg Company , a prominent commercial real estate broker- age firm in the New Jersey and Tri-State area since 1932, recently arranged the sale of ±54,206 s/f industrial building in Muncy. Jason Crimmins, SIOR, CCIM, Alessandro Conte, SIOR, CCIM, Peter Murano, Jr., SIOR and Mi- chael Schipper, SIOR of The Blau & Berg Co. represented the buyer, 716 Industrial Park LLC while Mericle Commer- cial Real Estate Services represented the seller. “Our client, a multi-state operator in the medical supply and pharmaceutical industry, leveraged our services in an effort to obtain a more cost ef- fective warehousing solution

Jason Crimmins

Alessandro Conte

716 Industrial Park Rd.

is within ten miles of I-80 and provides for direct connection to their clientele nationwide.” In New Jersey, The Blau & Berg Co. arranged the lease of ±34,000 s/f of industrial space in Newark. Crimmins, SIOR, CCIM, Conte, SIOR, CCIM, Murano, Jr., SIOR and Schipper, SIOR repre- sented the landlord, Dubrow Management Corp. , while

Bill Waxman of CBRE rep- resented the tenant United Airlines, Inc. “Our team was proud to represent the landlord on this transaction who has been a long time client of The Blau & Berg Company,” said Conte, SIOR, CCIM, executive vice president of The Blau & Berg Co. “The property, a former USPS vehicle maintenance

Peter Murano, Jr.

Michael Schipper

within reasonable reach to their NJ headquarters,” said Michael Schipper, SIOR, se- nior executive director for The Blau & Berg Co. “The location

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