1-17-20

P ennsylvania

S hopping C enters

Real Estate Journal — Pennsylvania — 5A

www.marej.com

M id A tlantic

304,000 s/f, state-of-the-art logistics facility in Bethel, Township Dermody Properties announces completion of LogistiCenter at Midway South in PA B ETHEL TWP., PA — Dermody Properties , a national private equi-

state-of-the-art logistics facil- ity is immediately available for lease. LogistiCenter at Midway South is located at I-78 Exits 15 & 16, with connections to I-81, I-476 and I-76 (the PA Tpke.), allowing access to more than 36 percent of the U.S. and 60% of the Canadian population within a one-day truck drive. “This facility offers well- designed, efficient space for manufacturing, warehouse, distribution and ecommerce companies,” said Gene Pres- ton , east region partner for Dermody Properties. “The property’s proximity to I-78 offers outstanding access to all of eastern Pennsylvania and the greater New York consumer population bases.” LogistiCenter at Midway South features a 36-foot clear height, 44 fully equipped dock high doors, 151 car parking stalls, 45 trailer stalls (ex-

ty real estate investment, development and manage- ment compa- ny focused ex- clusively on the logistics real es tate sec tor , has

Douglas Kiersey, Jr.

completed the construction of LogistiCenter at Midway South. Located on more than 29 acres at 9024 Old Rte. 22 in Bethel Twp., this 304,000 s/f,

HI-LIGHTS JANUARY 17 - 30, 2020

gion,” said Douglas Kiersey, Jr. , president of Dermody Properties. “LogistiCenter at Midway South emphasizes Dermody Properties’ strategy to target desirable locations with state-of-the-art facilities for our customers.” LogistiCenter at Midway South

pandable to 89), an ESFR fire protection system, insulated tilt-up concrete panels and LED lighting fixtures. “This property offers an excellent opportunity, espe- cially for companies looking to relocate to or expand in this re-

Gerry Blinebury , execu- tive managing director, Adam Campbell , executive manag- ing director, and Jeff Wil- liams , senior director, all of Cushman & Wakefield , are the leasing agents for the property. 

CONTRIBUTING COLUMNIST

Markward, Kline & Macdonald of Markward Group rep. sellers in the 190-acre, Ridge Farms, property transaction

SOUTH WHITEHALL, TWP., PA — Markward

Group ar - ranged the sale of the largest sin- gle residen- t i a l / m i x e d use land sale in the last 10 years, in the region, to Kay Build- e r s . D e l Markward, SIOR, Ann K l i ne and Mat t Mac - donald rep- r e s e n t e d the sellers in the 190- acre, Ridge Farms, prop- erty transac- tion. Ridge Farms is lo- cated along Cedar Crest Blvd., north of Walbert Avenue t o

Tom Simmons

8A

NKF REPS. SELLER IN 5.23 ACRE SHOVEL READY DEVELOPMENT TRANSACTION

Del Markward

14A

ALSO INSIDE People on the Move........... 12A

Ann Kline

ECONOMIC DEVELOPMENT 2020 contact: Joe Christman jchristman@marejournal.com

Ridge Farms

for the 190 acres. Current plans are to build a 780-unit, mixed-use development; consisting of single homes, twin homes, townhomes, and

Huckleberry Rd. in South Whitehall, Township. Kay Builders is in the be- ginning stages of the mixed- use development project

apartments; with common open space for passive and active recreation. Commer- cial and retail space is also proposed for the property. 

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Matt Macdonald

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