Mid Atlantic Real Estate Journal — Pennsylvania — August 17 - 30, 2012 — C
www.marejournal.com
P ennsylvania
DPN
Brogan & Pennington represents the seller The Hampshire Cos. sells a 110,000 s/f industrial property
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M
ORGANTOWN, PA — The Hampshire Companies has an-
nounced the disposition of a 110,000 s/f industrial prop- erty located at 110 Thousand Oaks Boulevard in Morgan- town. The sale was made to Consolidated Graphics, Inc., a publically-traded com- mercial printing company headquartered in Houston, Texas. Situated on more than seven acres, the attractive, brick, industrial building sits on a well-landscaped parcel conveniently located near major roadways with easy access to and from the Morgantown Exit off of the Pennsylvania Turnpike. The property features 30,000 s/f of office space, 80,000 s/f of warehouse space, 200 park- ing spaces, 10 loading docks, and two roll down doors. “The building’s convenient location and its ample and versatile space, served as deciding factors in the buy- er’s decision,” said Patricia Krasowski, an investment manager for The Hampshire Companies. “Consolidated Graphics, Inc. purchased this property with intentions to consolidate two of its existing facilities located in eastern Pennsylvania, and the build- ing was an ideal match for the company’s specific needs.” Timothy Brogan and Timo-
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110 Thousand Oaks Boulevard
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thy Pennington from Grubb & Ellis, Inc. represented The Hampshire Companies,
while Pete Pitroff of Jones Lang Lasalle’s Charlotte of- fice represented the buyer. n
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