May 2023

10B — May 2023 — Central Pennsylvania — M id A tlantic Real Estate Journal

www.marej.com

C entral P ennsylvania

David A. Reese, CCIM of Commercial Choice Realty, Inc. reports record business growth Commercial real estate in Westmoreland County PA continues to prosper

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to their clients Bushy Run Corp Park, lo- cated just south of Rte. 22 and

Reese, his wife Janice (a certified professional com- mercial agent) and Stepson

ENTRAL PA — Da- vid A. Reese, CCIM , president and broker

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of Commer- cial Choice Realty, Inc. in Murrys- ville, de- clares that business is booming! The indus- trial sector is leading

The industrial sector is leading the way as there is a high demand for warehouse space along the Rte. 22 Corridor.

266 PARKING SPACES

PAVING ASPHALT

LOT 15

BUILDING PROPOSED 100,000 SF

ADDITION PROPOSED 25,000 SF

just West of Rte. 22& Rte. 66 intersection, in Penn Twp. is booming with new develop- ment and activity from the tenants in the park, including the relocated Air Gas Com- pany, to a 20,000 s/f building and a three acre yard. We delivered Med Care that relocated from Monroeville into 75,000 s/f of a newly built 100,000 s/f building with PRL Motor Sports now occupying the other 25,000 s/f. We have leased 30,000 s/f in two new buildings at the entrance to the park to Sun Belt and Karndean flooring, which has a building across the street. These properties, along with a number of others, in Bushy Run have been developed by Glen Weaver of Weaver Investments, Inc. There are still lots for sale from the original developer Laura Developers LLC , Reese said they are for sale for $75,000 per acre. Reese reported that Richard Kacin's company in Murrys- ville has purchased 31 acres of land along Harrison City Road, and is currently devel- oping 22 villas and 20 single- family homes on the property. Reese further went on to say that out of the three industrial parks that they lease and sell lots in, namely McClure Indus- trial Park, White Valley Indus- trial Park, and Bushy Run Corp Park, there are very limited spaces available. However, they are currently taking reserva- tions for late 2024 and beyond. Moreover, Reese mentioned that they have the capacity to accommodate buildings up to 150,000 s/f in Bushy Run Corp Park. On the retail front Reese sold last fall the 107,000 s/f, Penn Crossing Shopping Center in Penn Twp. anchored by Giant Eagle to Broad Reach Retail. Economic prosperity has been great for the last six years, and Reese predicts that if all goes well, it will continue for the foreseeable future. MAREJ

Michael Martinez a 2015 Case Western graduate with dual majors in Economics and Finance give the com- pany the ability to offer a verity of specialized services

David A. Reese

the way as there is a high demand for warehouse space along the Rte. 22 Corridor. The company made up of

SITE PLAN

WESTMORELAND COUNTY, PA PENN TOWNSHIP

WEAVER DEVELOPMENT, INC.

GRAPHIC SCALE ( IN FEET )

J.R. GALES & ASSOCIATES, INC.

Weaver Lot

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