12B — September 17 - October 21, 2021 — Pennsylvania — M id A tlantic Real Estate Journal


P ennsylvania

Scope closes sale of mixed-use QOZ dev.

A 2nd warehouse of +\-570,000 s/f to be erected later DHL Supply Chain kicks off construction onwhse. facility

EBANON, PA — DHL Supply Chain has be- gun construction on a new state-of-the-art ware- housing facility in Lebanon, PA, which will help optimize logistics in the Northeast re- gion for a leading life sciences and pharmaceutical company. The global shipping business will invest $88 million total in the project at 3100 State Dr., including a second warehouse of almost 570,000 s/f to be erected later. The tract is by Lebanon Valley Business Park . The first building, a 970,000 s/f manufacturing, warehouse, and distribution facility, is ex- pected to be operational by the end of First Quarter 2022 and will create at least 200 jobs. “Life sciences and health- care logistics is complex with no margin for error given the life-sustaining and life-saving nature of the equipment and supplies moving through our supply chains,” said Scott Cubbler , president of Life Sci- ences and Healthcare at DHL Supply Chain, North America. “At DHL Supply Chain, we understand this complexity and have developed the indus- try leading team of logistics PITTSBURGH, PA — The Redevelopment Author- ity of Allegheny County (RAAC) voted to enter into a partnership with the Regional Industrial Development Corporation (RIDC) to de- velop the Carrie Furnace site. The former brownfield adjacent to the historic Carrie blast furnaces spans the boroughs of Munhall, Rankin, Swissvale and Whitaker. “RIDC has great experience in this region of shepherding projects to fruition, and we’re delighted to partner with them on the Carrie Furnace site,” said County Executive Rich Fitzgerald . “This is an impor- tant project for the Mon Valley. Today’s vote by RAAC brings additional resources to the table to develop this site into the hub of economic activity that we know it can be.” L The agreement today pro- vides for the expansion of a partnership in the redevelop- ment of the Mon Valley. Spe- cifically, RIDC will develop a portion of the Carrie Furnace

Renderings courtesy of Coscia Moos Architecture

1700-30 North Howard St.

Sharrow, managing director of SCOPE. “So, it was important to the sales team to select a group that could see the trans- action through while maximiz- ing value on behalf of its seller. SCOPE sees demand remain strong for well-located projects with another 300+ proposed units placed in contract by its investment sales team.” Originally built in 1872- 1876, the former industrial building was the decorating plant for the Franklin Flint Glass Works of Gillinder & Sons through 1914. The main building, 1700-06 N Howard, which sits on the corner of Ce- cil B. Moore Avenue and North Howard St., is a historically recognized building that was designated in July of 2020. The renovation plans for the building preserves the original three-story Decorating Plant into the project’s new design. The proposed plans, created by Coscia Moos Architec- ture , call for the construction of a 90,405 s/f mixed-use develop- ment. The entire project will in- clude 103 residential units over 3,500 s/f of ground-floor retail. The six-story new construc- tion project will be integrated into the preserved Decorating Plant. The new construction portion will be five-over-one construction and will consist of masonry, zinc cladding, alu- minum panels, and corrugated metal panels. MAREJ

PHILADELPHIA, PA — Scope Commercial Real Es tat e Serv i ces , LLC (SCOPE) has closed the sale of 1700-30 North Howard St., a 90,405-square-foot mixed- use development project lo- cated in the Olde Kensington/ Norris Square neighborhood of Philadelphia. The property sold for $4.6 million. SCOPE marketed the prop- erty on behalf of the seller, Columbia Silk Dyeing Com- pany, Inc. who has owned and operated the industrial property since 1973. SCOPE also represented the buyer, an affiliate of Urban Conver- sions, who purchased, entitled, and designed the project. The project also benefited from being located within a Quali- fied Opportunity Zone. Se- nior associate, Craig Thom , and Managing director, Phil Sharrow led the transaction on behalf of SCOPE and the respective deal party. “The Howard Street project will be a focal piece to the quickly developing neighbor- hood of South Kensington,” adds Thom. “The flow of devel- opment from Frankford Ave. and Front St. has spilled west to Howard and up American St.” “This project required zon- ing variance approvals, navi- gating the historical nomina- tion and the complexity of a COVID-19 market,” said

3100 State Dr.

experts to implement cutting- edge solutions. Our invest- ment in Lebanon Valley will enable our life science partner to fulfill their commitment to excellence in patient care.” Leveraging the expertise of DHL Supply Chain’s Real Estate Solutions (RES) team, DHL was able to execute a plan for this Lebanon Valley property through redevelop- ment in order to create a sus- tainable site while providing a boost to the local economy. RES i s where market - leading property expertise meets unparalleled logistics knowledge and know-how. Offering integrated customer “This collaboration builds on a great partnership that we have with RIDC and brings additional expertise and re- sources to the table as we move this project to the finish line,” said Lance Chimka , Allegh- eny County Economic Develop- ment Director. “Development sites like these remain one of the biggest opportunities for the Mon Valley, and we look forward to setting the market in a really positive way with this agreement.” site, constructing and extend- ing infrastructure on behalf of RAAC. The phased development will have portions for various commercial uses, including flex-tech, R&D, biotech, film production, workforce educa- tion and training life sciences, light manufacturing and as- sembly, and other similar uses. RIDC is working with the Pittsburgh Film Office and other interested parties on the possibility of creating The Film Furnace – a film studio cam- pus with purpose built sound

solutions, unmatched commer- cial creativity, on-the-ground knowledge and operational excellence, RES is able to achieve what others can’t. With transactions totaling more than 9 million s/f across the U.S. since 2020, DHL has been able to help accelerate customer growth in markets with long-term development potential. “We targeted Lebanon Val- ley for its workforce talent and manufacturing and distribu- tion capabilities as an ideal location for our life science customer,” said Carl DeLuca , head of real estate, Americas, DHL Supply Chain. MAREJ stages and other amenities as part of the development. “This site presents a great opportunity to reclaim one of our historic sites and bring it to life with the type of 21st Century jobs that are driving our economy,” said Donald F. Smith, Jr. , RIDC President. “Just as our project at Mill 19 leads us into the future while paying homage to our past, the Carrie Blast Furnace will serve as both a historic landmark and a present-day hub of economic activity. The Mon Valley is poised for growth, and this will be RIDC’s sixth major develop- ment in the Mon Valley, in ad- dition to Keystone Commons, City Center of Duquesne, The Pittsburgh Technology Center, Mill 19 at Hazelwood Green, and McKeesport.” RIDC will begin infrastruc- ture and roadway design this fall and begin construction work in Spring 2022. The in- frastructure and roadway work will be followed by construction of 100,000 s/f of tech flex build- ings on site. MAREJ

County, RIDC enter partnership agreement to develop Carrie Furnace site

Markward Group ink 8000 s/f sale of 312 Sumner Avenue, Allentown, PA

trol expertise and cutting- edge equipment designed for safety, efficiency, and depend-

ALLENTOWN, PA — Ann Kline and Chip Miers of Markward Group represent-

ability. They are a certi - f i e d WBE / MBE compa- ny through- out the Mid- Atlantic re- gion. Traffic Engineering Services con-

ed Tra f f i c Eng i ne e r - ing Services LLC (TES) in the purchase of an 8,000 s/f industrial w a r e h o u s e bui lding on 1.24 acres lo-

Ann Kline

Chip Miers

tinuous mission is to set the standard for unparalleled work- zone safety; exceptional client services; and dependability in the traffic control, planning, and permitting industry. MAREJ

cated at 312 Sumner Ave. in Allentown. TES is relocating their Schantz Rd, location due to expansion. Traffic Engineering Services, LLC is a leader in traffic con-

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