{"id":6190,"date":"2023-09-21T15:34:31","date_gmt":"2023-09-21T19:34:31","guid":{"rendered":"https:\/\/www.lee-associates.com\/pennsylvania\/?p=6190"},"modified":"2025-04-21T12:28:02","modified_gmt":"2025-04-21T16:28:02","slug":"lee-associates-brokers-two-leases-totaling-nearly-60000-square-feet-of-space-at-new-heights-industrial-park-in-hagerstown-md","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/easternpa\/2023\/09\/21\/lee-associates-brokers-two-leases-totaling-nearly-60000-square-feet-of-space-at-new-heights-industrial-park-in-hagerstown-md\/","title":{"rendered":"Lee &amp; Associates Brokers Two Leases Totaling Nearly 60,000 Square Feet of Space at New Heights Industrial Park in Hagerstown, MD"},"content":{"rendered":"<div id=\"pl-6190\"  class=\"panel-layout\" ><div id=\"pg-6190-0\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-6190-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-6190-0-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<p style=\"text-align: justify\"><em>Hospitality development company Tomu leases 15,000 square feet, and healthcare technology firm Pycube signs a lease for 43,750 square feet of space.<\/em><\/p>\n<p style=\"text-align: justify\"><strong>Hagerstown, MD <\/strong>(September 21, 2023) - <strong>Lee &amp; Associates of Eastern Pennsylvania<\/strong> has brokered two new leases at <strong>New Heights Industrial Park<\/strong>, a 900,000 square foot commercial office and industrial park in Hagerstown, Maryland, for a combined 60,000 square feet of space. The development, located at <strong>18450 Showalter Road<\/strong>, is owned and managed by a joint venture partnership between <strong>Bluestone Group<\/strong> and <strong>The Langer Co<\/strong>. Lee &amp; Associates Principals <strong><a href=\"https:\/\/www.lee-associates.com\/easternpa\/joel-kreider\/\">Joel Kreider, SIOR<\/a>,<\/strong> and <a href=\"https:\/\/www.lee-associates.com\/easternpa\/ed-skonecki\/\"><strong>Ed Skonecki<\/strong><\/a> represented the landlord in both lease transactions. With this leasing activity, the project is approximately 82% leased.<\/p>\n<p style=\"text-align: justify\"><strong>Tomu, Inc.<\/strong>, a company engaged in the development of pre-fabricated modular building systems, leased 15,000 square feet of space. The company, which specializes in designing and constructing hotel guest rooms and rental properties, utilizes a proprietary modular building system that reflects its commitment to eco-friendly practices and innovation.<\/p>\n<p style=\"text-align: justify\"><strong>Pycube<\/strong>, headquartered in Sterling, Virginia, provides asset management and asset tracking for the healthcare industry signed a lease for 43,750 square feet of space. The company\u2019s all-in-one asset management and tracking platform makes it easier for healthcare professionals to manage valuable assets.<\/p>\n<p style=\"text-align: justify\">Located adjacent to Hagerstown Regional Airport, New Heights Industrial Park was formerly utilized by Fairchild Aircraft Manufacturing to produce aircraft used in World War II. The development features ceiling heights up to 50 feet, dock-high doors, and free parking.\u00a0 It is situated adjacent to Interstates 70 and 81. The project is approximately 80 miles from Baltimore and Washington, D.C. and 170 miles from Philadelphia and Pittsburgh.<\/p>\n<p style=\"text-align: justify\">\u201cCompanies continue to gravitate to New Heights Industrial Park in search of highly-flexible and open-space work environments, attractive leasing rates and access to a fertile labor market to support its operations,\u201d explained Joel Kreider of Lee &amp; Associates. \u201cThe greater Hagerstown and Washington County region is attractive to those in search of a lower density geographic area, reduced housing prices and a higher quality of life, while also remaining close to major metropolitan areas. The owners of New Heights Industrial Park have invested significant resources in its vision to deliver an innovative business community that meets the diverse and long-term real estate needs of companies in a wide variety of industry sectors. Leasing activity remains robust as companies remain interested in the unique advantages provided by this project.\u201d<\/p>\n<p>For information on the remaining space at New Heights Industrial Park or the rest of the market, reach out to <a href=\"mailto:jkreider@lee-associates.com\">Joel<\/a> or <a href=\"mailto:eskonecki@lee-associates.com\">Ed<\/a>.<\/p>\n<\/div>\n<\/div><\/div><\/div><div id=\"pgc-6190-0-1\"  class=\"panel-grid-cell\" ><div id=\"panel-6190-0-1-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"1\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-6193\" src=\"https:\/\/www.lee-associates.com\/easternpa\/wp-content\/uploads\/sites\/83\/2023\/09\/NewHeights-Leased-512x512.png\" alt=\"Leases Completed at New Heights Industrial Park\" width=\"512\" height=\"512\" srcset=\"https:\/\/www.lee-associates.com\/easternpa\/wp-content\/uploads\/sites\/83\/2023\/09\/NewHeights-Leased-512x512.png 512w, https:\/\/www.lee-associates.com\/easternpa\/wp-content\/uploads\/sites\/83\/2023\/09\/NewHeights-Leased-1280x1280.png 1280w, https:\/\/www.lee-associates.com\/easternpa\/wp-content\/uploads\/sites\/83\/2023\/09\/NewHeights-Leased-256x256.png 256w, https:\/\/www.lee-associates.com\/easternpa\/wp-content\/uploads\/sites\/83\/2023\/09\/NewHeights-Leased-768x768.png 768w, https:\/\/www.lee-associates.com\/easternpa\/wp-content\/uploads\/sites\/83\/2023\/09\/NewHeights-Leased.png 1306w\" sizes=\"auto, (max-width: 512px) 100vw, 512px\" \/><\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Hospitality development company Tomu leases 15,000 square feet, and healthcare technology firm Pycube signs a lease for 43,750 square feet of space. Hagerstown, MD (September 21, 2023) &#8211; Lee &amp; Associates of Eastern Pennsylvania has brokered two new leases at New Heights Industrial Park, a 900,000 square foot commercial office and industrial park in Hagerstown, Maryland, for a combined 60,000 square feet of space. The development, located at 18450 Showalter Road, is owned and managed&#8230;<\/p>\n","protected":false},"author":24,"featured_media":6197,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1169],"tags":[1054,29,43,1028,107,188,22,99,16,17,23],"class_list":["post-6190","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-transactions","tag-brokerage","tag-commercial-real-estate","tag-cre","tag-eastern-pa","tag-ed-skonecki","tag-industrial-agent","tag-joel-kreider","tag-leased","tag-lee-associates","tag-lee-associates-of-eastern-pennsylvania","tag-sior"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.7 (Yoast SEO v28.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Lee &amp; Associates Brokers Two Leases Totaling Nearly 60,000 Square Feet of Space at New Heights Industrial Park in Hagerstown, MD - Eastern Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lee-associates.com\/easternpa\/2023\/09\/21\/lee-associates-brokers-two-leases-totaling-nearly-60000-square-feet-of-space-at-new-heights-industrial-park-in-hagerstown-md\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lee &amp; Associates Brokers Two Leases Totaling Nearly 60,000 Square Feet of Space at New Heights Industrial Park in Hagerstown, MD\" \/>\n<meta property=\"og:description\" content=\"Hospitality development company Tomu leases 15,000 square feet, and healthcare technology firm Pycube signs a lease for 43,750 square feet of space. Hagerstown, MD (September 21, 2023) - Lee &amp; Associates of Eastern Pennsylvania has brokered two new leases at New Heights Industrial Park, a 900,000 square foot commercial office and industrial park in Hagerstown, Maryland, for a combined 60,000 square feet of space. The development, located at 18450 Showalter Road, is owned and managed...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lee-associates.com\/easternpa\/2023\/09\/21\/lee-associates-brokers-two-leases-totaling-nearly-60000-square-feet-of-space-at-new-heights-industrial-park-in-hagerstown-md\/\" \/>\n<meta property=\"og:site_name\" content=\"Eastern Pennsylvania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/LeeAssociatesPA\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-21T19:34:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-21T16:28:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.lee-associates.com\/easternpa\/wp-content\/uploads\/sites\/83\/2023\/09\/NewHeights-Leased2-1280x669.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"669\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"mmurray\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@LeeAssociatesPA\" \/>\n<meta name=\"twitter:site\" content=\"@LeeAssociatesPA\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mmurray\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/easternpa\\\/2023\\\/09\\\/21\\\/lee-associates-brokers-two-leases-totaling-nearly-60000-square-feet-of-space-at-new-heights-industrial-park-in-hagerstown-md\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/easternpa\\\/2023\\\/09\\\/21\\\/lee-associates-brokers-two-leases-totaling-nearly-60000-square-feet-of-space-at-new-heights-industrial-park-in-hagerstown-md\\\/\"},\"author\":{\"name\":\"mmurray\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/easternpa\\\/#\\\/schema\\\/person\\\/0182e33a9dba72187921e3ee860d9769\"},\"headline\":\"Lee &amp; Associates Brokers Two Leases Totaling Nearly 60,000 Square Feet of Space at New Heights Industrial Park in Hagerstown, MD\",\"datePublished\":\"2023-09-21T19:34:31+00:00\",\"dateModified\":\"2025-04-21T16:28:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/easternpa\\\/2023\\\/09\\\/21\\\/lee-associates-brokers-two-leases-totaling-nearly-60000-square-feet-of-space-at-new-heights-industrial-park-in-hagerstown-md\\\/\"},\"wordCount\":428,\"publisher\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/easternpa\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/easternpa\\\/2023\\\/09\\\/21\\\/lee-associates-brokers-two-leases-totaling-nearly-60000-square-feet-of-space-at-new-heights-industrial-park-in-hagerstown-md\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.lee-associates.com\\\/easternpa\\\/wp-content\\\/uploads\\\/sites\\\/83\\\/2023\\\/09\\\/NewHeights-Leased2.png\",\"keywords\":[\"Brokerage\",\"Commercial Real Estate\",\"CRE\",\"Eastern PA\",\"Ed Skonecki\",\"Industrial Agent\",\"Joel Kreider\",\"leased\",\"Lee &amp; Associates\",\"Lee &amp; Associates of Eastern Pennsylvania\",\"SIOR\"],\"articleSection\":[\"Transactions\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/easternpa\\\/2023\\\/09\\\/21\\\/lee-associates-brokers-two-leases-totaling-nearly-60000-square-feet-of-space-at-new-heights-industrial-park-in-hagerstown-md\\\/\",\"url\":\"https:\\\/\\\/www.lee-associates.com\\\/easternpa\\\/2023\\\/09\\\/21\\\/lee-associates-brokers-two-leases-totaling-nearly-60000-square-feet-of-space-at-new-heights-industrial-park-in-hagerstown-md\\\/\",\"name\":\"Lee &amp; Associates Brokers Two Leases Totaling Nearly 60,000 Square Feet of Space at New Heights Industrial Park in Hagerstown, MD - 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