Mid Atlantic Real Estate Journal — The Best of 2012 — March 29 - April 11, 2013 — 9C
www.marejournal.com
The Largest lanD sale of 2012
colliers international airgas safety inc. Bristol, Pa — 20 acres —
rock commercial Leo Lane & Bear rd. York, Pa — 57.67 acres —
landmark commercial Weis Market Development site enola, Pa — 18 acres —
Airgas Safety - the safety division of Airgas Incorporated (NYSE: ARG), purchased 18.8 acres of land in order to build their new 248,500 SF facility. They had looked throughout the mid-Atlantic region before selecting Bristol Commerce Center. Airgas’s decision to move to the KOEZ-designated Bristol Commerce Center was driven by several factors: they wanted to consolidate two locations into one large building - the site offered one of the few opportunities in Bucks County to construct a building of that size; they wanted to keep their operations local for the long term, retaining jobs in the Town- ship and make plans for future growth; and they wanted to take advantage of the KOEZ benefits (a KOEZ designation provides financial tax abatements to businesses looking to re- locate or expand in the area). The site houses 175 employees, contains 45,000 SF of offices, is fully air conditioned, ESFR sprinklered, and has 32’ clear ceilings. Andy McGhee, Senior Vice President of Colliers International worked on behalf of Herring Properties to negotiate a successful transaction. RELY ON ROCK
Broker: Andrew W. Kohr I am very proud of this Land Sale- the initial land package that I Listed was 4 land / home owners who we packaged together to assemble 10.86 acres of Land which is zoned Commercial Park Limited. At that time, the asking price was $ 2,410,000. As this project grew I added 2 additional property owners to the listing - one parcel is at the corner of Valley and Wertzville Rd – this 1.48 acres would make for a great monument sign for the buyer. The 6th and last prop-
Broker: David E. Keech ROCK Commercial sold 19.99 and 37.68 acres of two industrial land parcels in York, Pennsylvania to First In- dustrial Realty Trust, Inc. for $2,400,000.00. First Indus- trial owns and operates industrial real estate across major markets in North America. First Industrial purchased these parcels to develop a 700,000 square foot logistics center located off Interstate 83 in Manchester Township in York County. “First Logistics Center @ I-83” will provide com- panies looking to service the Mid Atlantic and Northeast with a highly functional, state-of-the-art distribution facility in a cross-dock design.
Andrew Kohr
erty added to the package –was 6.22 acres at the rear of the site –located behind the 4 home owners. Now the total land sale was 18.02 acres. Total sale price was $3,203,500 Since the June 2012 Closing all of the homes have been removed and the some of the Land has been leveled.
Leading the Pack Congratulations Andy McGhee & Michael Capobianco! Your success exemplifies the service, expertise and spirit of the entire Colliers brokerage community.
Best of 2012 Largest Industrial Lease & Largest Land Sale
The Power of Team . For in-depth market research . For fast service that saves time and money . For timely and accurate information . For a unique team-based approach to commercial real estate
We know your competition is fierce. And you can’t afford to sit back in the pack. Teaming with Colliers International allows you to focus your energy on your expertise. We focus on ours—maximizing your real estate position—to accelerate your success. Breaking away
ROCK Commercial Real Estate, LLC, Susquehanna Commerce Center West 221 West Philadelphia St. Suite 19,York, PA 17401-2992 717-854-5357 Fax: 717-854-5367 www.rockrealestate.net
www.colliers.com
Accelerating success.
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