S hopping C enters P ennsylvania
M id A tlantic Real Estate Journal — Pennsylvania — December 2023 — 9B
www.marej.com
Pino and Azarbarzin represent seller, Carlisle, Pennsylvania-based Big Spring Properties Northmarq’s Baltimore office brokers sale of 159-lot manufactured housing community in Southern PA
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capital markets resource for commercial real estate inves- tors, offering seamless col- laboration with top experts in debt, equity, investment sales and loan servicing. We com- bine industry-leading capabil- ities with a flexible structure, enabling our national team of experienced professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transac- tion volume of more than $37 billion and a loan servicing portfolio of nearly $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Mar - kets, Northmarq introduces clients to expanded opportu- nities across all major asset classes. MAREJ their distribution strategy. About Viking Range, LLC: Under the leadership of The Middleby Corporation, Viking Range, LLC has continued to excel in new product develop- ment initiatives. Their product offerings encompass the entire kitchen, both indoors and out- doors. Viking's strategy is to incorporate innovative cooking features and technology from other Middleby brands into the Viking residential line, resulting in high performance products that empower con- sumers to cook like professional chefs at home. tion within a one-day delivery schedule, a feat crucial for Markward Group, known for its commitment to serving landlords, tenants, and inves- tors in the commercial and industrial real estate market, specializes in sales, leasing, development, and financing of commercial, retail, and indus- trial properties. They are an active member of the Society of Industrial and Office Real- tors (SIOR), an organization that represents the highest standard in the commercial real estate industry. MAREJ
“The Mid-Atlantic through the Northeast region provides excellent opportunities for in-
EWVILLE, PA — Northmarq’s Bal- timore office has ar-
vestment in the manufac- tured hous- ing space,” said Pino. “We’re confi- dent that Big Spring Ter- race’s new owners will
ranged the sale of Big Spring Ter- race, a 159- lot manufac- tured hous- ing commu- nity located at 14 Big Spring Ter-
Anthony Pino
Ari Azarbarzin
serve as excellent stewards for the community — and will build upon the legacy of the previous owners.” Pennsylvania has the larg- est inventory of manufactured housing units in the North- east. The current occupancy rate in the state is 93.7%. Set on 94 acres in a scenic environment, the all-ages
race in the borough of Newville in southern PA. Situated in Cumberland County, the lo- cality is 36 miles west of Har- risburg. The property sale was closed by associate Anthony Pino and senior VP Ari Azarbar- zin , who represented the seller, Carlisle, Pennsylvania-based Big Spring Properties .
Big Spring Terrace
extra vehicle storage, and an on- site office and manager. About Northmarq Northmarq is a full-service
community was built in 1975 and offers spacious sites, off- street parking, and wide streets, as well as community activities,
Del Markward, SIOR principal/broker of Markward Group reps. Viking Range, LLC in leasing 204,269 s/f facility in York, PA
YORK, PA — Markward Group announced its success- ful representation of Viking
Range, LLC, a division of Middleby Residential, in securing a lease for a 204,269 s/f facility in York. This significant
Del Markward
achievement is a testament to Markward Group's exper- tise in the real estate indus- try and their commitment to delivering tailored solutions to their clients. Del Markward, SIOR principal/broker of Markward Group, lead the search and lease negotiations in facilitat- ing the transaction between Viking Range, LLC, and the landlord, Core5 at Codorus Creek B, LLC, represented by Cushman Wakefield . Brad Pope of Hailey Real Estate also provided expertise in the transaction. The collaboration between all parties in conjunc- tion with Viking Range, LLC, resulted in the selection of the exacting facility and lease
provided by our real estate agents and the location and quality product we landed. It fit our logistics model and financial structure that we were seeking." Viking Range plans to uti- lize this facility to distribute 204,269 s/f facility in York, PA
terms that align with Viking's strategic goals. Vladimir Salazar of Mid- dleby Residential/Viking ex- pressed his satisfaction with the partnership, stating, "Vi- king was pleased with the speed and attention to detail
high-end home appliances throughout the northeastern and mid-Atlantic regions of the United States. The loca- tion was chosen with me- ticulous consideration, as it enables Viking to efficiently serve 25% of the U.S. popula-
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