Excellent Location, Strong In-Place Tenancy & Value-Add Component Attracted Wide Market Interest MALVERN, PA, July 30th, 2021 – Lee & Associates of Eastern Pennsylvania’s Capital Markets team orchestrated the sale of a 280,034 square foot, five (5) building, Class A office complex known as The Lindenwood Corporate Center in Malvern, PA. Bridge Investment Group purchased the complex from TA Realty Associates. At the time of sale, the facility was 73% leased by twenty-four (24)…
Lee & Associates of Eastern Pennsylvania Arranges Sale of a 280,034 SF Class A Office Complex in Newtown, PA
Lee & Associates Expands Life Sciences Team with the Addition of Experienced Cannabis Industry Professional
July 26, 2021 09:00 AM EST Pennsylvania—Lee & Associates, a national full-service commercial real estate brokerage firm, announces the addition of Dylan Irving, to its suburban Philadelphia office. Dylan began his real estate career in 2016 as a CRE Advisor with Cresa, where he focused on industrial tenant representation. His work as an advisor to emerging cannabis operators propelled him into a career in cannabis as a successful sales representative for multiple companies. Dylan made…
Northumberland firm buys land, plans expansion for 450 jobs
LEWISBURG — Union County Commissioners agreed to sell 43 acres at Great Stream Commons business park to a Northumberland County manufacturing firm with plans to build a new plant and create an estimated 400 to 450 jobs. Commissioners Preston Boop, Jeff Reber and Stacy Richards voted unanimously Tuesday to accept a $1,800,000 offer from River Run Foods of Northumberland. Boop noted that River Run agreed to purchase at the county’s asking price. Roger Hoffman, chief…
Recent Sale of 7 Acres will bring Convenience Store to Great Stream Commons
July 6, 2021 11:00 AM EST Pennsylvania—Lee & Associates, a national full-service commercial real estate firm Along with Union County is proud to announce the sale of 7 acres at Great Stream Commons to J. J. Powell, Inc. of Phillipsburg, PA for development of a Snappy’s Convenience Store. Snappy’s was founded in 1993 and is a locally-owned chain with nearly a dozen locations. This sale culminates an original agreement of sale approved by the Commissioners…
LEE & ASSOCIATES OF EASTERN PENNSYLVANIA BROKERS 486,812 SQUARE FOOT FULL-BUILDING LEASE TO LC LOGISTICS SERVICES IN BURLINGTON, NJ
Canadian-based company offers freight delivery services throughout North America Plymouth Meeting, PA (May 20, 2021) – Lee & Associates of Eastern Pennsylvania has brokered a full-building lease with LC Logistics Services, Inc. for 486,812 square feet of space within 1950 River Road, a Class “A” industrial/warehouse located in Burlington, New Jersey that will deliver later this year. Tony Rod, SIOR, Brian Knowles, SIOR, Patrick Lafferty II, each Principals with Lee & Associates of Eastern Pennsylvania,…
Lee & Associates of Eastern Pennsylvania Brokers 59,300 Square Foot Lease with DB US Logistics in Pennsville, NJ
Full-service logistics and moving company leases space at 88 Industrial Park Road Mechanicsburg, PA (November 17, 2020) – Lee & Associates of Eastern Pennsylvania has brokered a lease with DB USA Logistics Inc. for 59,300 square feet of space within 88 Industrial Park Road, a 194,000 square foot warehouse/industrial building situated in Pennsville, New Jersey. Eric Zahniser and Patrick Lafferty, both Vice President of Lee & Associates of Eastern Pennsylvania represented the tenant. DB…
Lee & Associates of Eastern Pennsylvania Arranges $18.0 Million Sale of a 101,450 SF Class A Office Building in Newtown, PA
November 18, 2020 9:00 AM EST Excellent Location, Strong In-Place Tenancy & Value-Add Component Attracted Wide Market Interest NEWTOWN, PA, November 18, 2020 – Lee & Associates of Eastern Pennsylvania’s Capital Markets team orchestrated the $18.0 million sale of a 101,450 square foot, Class A office building located at 100 Brandywine Boulevard in Newtown, PA. An affiliate of Pembroke IV purchased the building from a client of Washington Capital Management. At the time of sale,…
Lee & Associates of Eastern Pennsylvania Named Exclusive Brokerage Firm to Oversee Sale of 3001 Gettysburg Road
Two-story building in Camp Hill, PA contains more than 10,000 square feet of space Lee & Associates of Eastern Pennsylvania has been named the exclusive brokerage firm to oversee the sale of 3001 Gettysburg Road, a two-story office building containing 10,367 square feet of commercial office space. Situated on 1.49 acres, the all-brick exterior building is located in the Camp Hill and Lower Allen Township areas of Cumberland County, Pennsylvania. Bradley Swidler, Principal for Lee & Associates of Eastern Pennsylvania…
Lee & Associates Wins Asset Management Contract for 600,000 Square Foot Portfolio North of Philadelphia
Portfolio consists of 12 industrial/flex buildings in Langhorne and Trevose Mechanicsburg, PA (August 18, 2020) – The asset management division of Lee & Associates of Eastern Pennsylvania has been selected to provide full-service property management and asset services to a 12-building portfolio consisting of more than 600,000 square feet of industrial/flex space. Owned by The Arden Group, the collection of buildings is situated in Langhorne and Trevose, Pennsylvania, two sub-markets located northeast of the Philadelphia…