S HOPPING C ENTERS P ENNSYLVANIA
M ID A TLANTIC Real Estate Journal — Pennsylvania — September 23 - October 20, 2022 — 11B
www.marej.com
HannaLWE's Lamm & Pantoni brokers 60,000 s/f transaction
E GOAT Group leases 341,400 s/f at 3895 Eastgate Blvd. Colliers concludes two new EPA leases totaling 455,000 s/f
ASTERN PA — The Colliers Logistics & Transportation team for Eastern Pennsylvania of Mark Chubb, Michael Zerbe, Summer Coulter announced two recently com- pleted transactions: The team has successfully leased 341,400 s/f of distribu- tion and fulfillment space at 3895 Eastgate Blvd. in the First 33 Commerce Center in Easton, PA to Los Angeles- based GOAT Group on behalf of First Industrial Real Estate . GOAT (an acronym for “Greatest of All Time”) is a global online marketplace of sneaker, apparel and acces- sories for both primary and re- sale markets. The e-commerce company, founded in 2015 has been on a meteoric rise, pro- cessing more than $2 billion in sales last year. The firm counts 30 million members who visit its website to score hard-to- find and luxury products via its powerful and disruptive global technology platform. IVYLAND, PA — Roddy Inc. , the Bensalem, PA in- dustrial and commercial real estate brokerage firm, an- nounced that it represent- ed 154 Railroad Drive, LLC in the leasing of the 36,856 s/f building located at 154 Railroad Dr., Ivyland, PA to SZ Wholesale Inc. Robert Olender and Sean Durkin facilitated the transaction. SZ Wholesale Inc., estab- lished in 2017, is a cigar and tobacco products distributor in Bucks County. The company is expanding to accommodate its continued growth. In a second transaction, Rod- dy Inc. represented T&T Sup- ply of PA, Inc. in the extension and expansion of their lease. The company will now occupy a 19,050 s/f portion of the 60,800 s/f facility located at 350-354 Dunksferry Road, Dunksferry Crossing, Bensalem. T&T Supply of PA, Inc. is an independent owner of sev-
1100 South Noah Dr.
W. K. Thomas & Associates is a private, family-owned company with offices located in Butler, Pennsylvania. Origi- nally established in 1974 as a custom home builder and general contractor, the com- pany has since developed into a leader in commercial/indus- trial construction, specializing in design-build construction and construction management services for local business, in- dustry, and community leaders throughout Western PA. Eric Lamm and AJ Pantoni of HannaLWE were proud to represent W.K. Thomas & As- sociates in this transaction. Rick O’Brien and Greg Hop- kins of JLL represented Bayer Healthcare LLC. MAREJ
SAXONBURG, PA — Han- na Langholz Wilson Ellis (HannaLWE) recently rep- resented W.K. Thomas & Associates in the leasing of 1100 South Noah Dr., Saxon- burg. The tenant will be Bayer HealthCare LLC, who plans to utilize the facility to further their business operations. The Victory Business Center facility is a 60,000 s/f new con- struction warehouse located in Clinton Twp., Butler County. “This development repre- sented the only new construc- tion in Butler County according to CoStar. W.K. Thomas de- signed a superior building , in a great location. We are honored to be a part of this transaction” said AJ Pantoni , HLWE.
First 33 Commerce Center
2022, we continue to see an incredible year for the East- ern PA marketplace with regionwide overall asking rates increasing 31.2% year over year. Demand remains robust. While vacancy is at 1.7% the new development pipeline will provide much needed speculative inventory that can continue to serve the demand attracted to this strategic region.” shared Mark Chubb. MAREJ
“We are happy GOAT has selected the Lehigh Valley and First 33 Commerce Center as a strategic location to serve its quickly growing global busi- ness.” shared Michael Zerbe of the leasing team. The team has also facilitated a 114,142 s/f industrial lease at 1400 Distribution Dr. in Carlisle, PA on behalf of global logistics real estate developer Prologis . “At the midway point of
Olender and Durkin of Roddy Inc. facilitate 36,856 s/f lease at 154 Railroad Dr., Ivyland
NAI CIR sells auto repair facility in New Cumberland
154 Railroad Dr., Ivyland
eral Johnstone Supply stores throughout the Philadelphia Metropolitan area. Johnstone Supply is the top cooperative wholesale distributor in the country and a recognized lead- er in the HVAC/R industry. Durkin advised T&T Supply of PA has leased the facility to accommodate the company’s continued growth.
Roddy Inc. announced that it represented 440 Constance Drive LLC in the leasing of their 8,550 s/f modern one- story building located at 440 Constance Dr., Warminster Industrial Park, Warminster, to The Philadelphia Inquirer, LLC. Durkin advised The Phila- delphia Inquirer. MAREJ
438 Big Spring Rd.
Mechanical is relocating from their current office in Lemoyne. Nik Sgagias , of NAI CIR , represented the seller and Roy Brenner, of Landmark Com- mercial Realty , represented the buyer. MAREJ
NEW CUMBERLAND, PA – The auto body repair facility located at 438 Big Spring Rd. in New Cumberland has been sold for $212,000 to SMR Mechani- cal LLC. As a local plumbing and HVAC company, SMR
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