12-21-12

A — December 21, 2012 - January 10, 2013 — Mid Atlantic Real Estate Journal

www.marejournal.com M id A tlantic R eal E state J ournal To Armada Supply Chain Solutions at Antrim Commons Atapco Props. & Chesapeake RE announce 400,000 s/f lease

Is your company celebrating a monumental anniversary in 2013?

P

ITTSBURGH, PA — Atapco Properties, Inc. and Chesapeake

Real Estate Group, LLC , Baltimore based commercial real estate development companies, have announced that Armada Supply Chain Solutions, based in Pittsburgh, will lease a new 400,000 s/f, rail-served North- east operations facility in the Antrim Commons Business Park in Antrim Township, PA. Armada, a logistics management company that creates innovative supply chain solutions primarily for the restaurant and food in- dustries, will more than double the size of its current Northeast

Celebrate your Company anniversary with the Mid Atlantic Real Estate Journal Contact Elaine Fanning for Details efanning@marejournal.com | 800.584.1062 ext. 212

Map of Antrim Commons Business Park

and is expected to be operational in late 2013. “We are pleased to expand our operations in the Northeast as a result of our continued growth. This region is an ideal location for one of our logistics centers and we look forward to being a part of the revitalization of the area.” – John Burke , CEO Armada. Atapco and Chesapeake are developing theAntrimCommons site, which sits just north of the Maryland/Pennsylvania border. The business park will contain more than 4 million s/f of indus- trial space as well as other office, retail and light commercial uses and is expected to accommodate as many as 2,000 new jobs when fully developed. The project is conveniently located at Exit 3 on Interstate 81 and adjacent to the Norfolk Southern new Intermodal Freight Facility, which is currently scheduled to be operational in early 2013. The Developer would like to thank Congressman Bill Shuster , Pennsylvania State Senator Richard Alloway , the Antrim Township Board of Supervisors and Franklin County Area Development Corporation for their unwav- ering support of this project through a difficult economic period. Congressman Shuster was instrumental in helping ob- tain Federal Transportation Bill funds to reconfigure and improve the dated Exit 3 interchange. Senator Alloway assisted Ata- pco in procuring low interest financing from the Pennsylvania Industrial Bank, as well as a grant for public infrastructure construction from the Penn- sylvania Redevelopment As- sistance Capital Program. The Antrim Township Supervisors and Franklin County Area De- velopment Corporation worked diligently to successfully adopt the LERTA tax abatement for the property in order to further incentivize the transaction. n

location in nearby Chambers- burg, PA. The state of the art facility will be LEED certified

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