Transactions

  Lewisberry, PA – The Capital Markets Group from Lee & Associates of Eastern Pennsylvania facilitated the sale of a 189,600-square-foot industrial building at 525 Industrial Drive in Lewisberry, Pennsylvania. This forward sale was negotiated between the developer, High Street Logistics Properties, and TA Realty, both Boston-based investment management firms. The Capital Markets group, comprised of Bob Yoshimura, Joe Hill, Eric Mattson, and Connor Sanbower, represented the Seller in the transaction. This state-of-the-art distribution facility…

  Montgomery County, PA – The Capital Markets Group, headed by Bob Yoshimura and Joe Hill from Lee & Associates of Eastern Pennsylvania (“LAEP”), arranged the sale of a 110-acre, industrially zoned land site located off the Sanatoga exit of Route 422 in Limerick, Pennsylvania. Eric Mattson and Connor Sanbower from the Lee & Associates Capital Markets group assisted in representing the Seller, Metropolitan Commercial Development. The Buyer, an undisclosed investment group, is pursuing development…

Food service packaging company develops safe food packaging containers. Mechanicsburg, PA (June 20, 2022) – Food service packaging company Pianca Packaging, LLC has signed a lease with Buligo Capital Partners for 28,091 square feet of industrial space within the Riverside Business Center in Whitehall, Pennsylvania. Located at 1139 Lehigh Avenue and constructed in 1910, the 423,900 square foot single-story light industrial building was acquired by Buligo this spring. Brian Knowles, CCIM, SIOR , and Eric…

  Lehigh Valley, PA June 1, 2022 – Lee & Associates Principals, Brian Knowles, CCIM, SIOR, and Eric Zahniser have arranged the full building lease of the newly completed facility located at 1000 Carson Court, Palmer Township, PA. The building, owned and developed by Carson Companies, is the newest of seven completed projects – the eighth building, a 403,896 square foot cross-dock at 1051 Carson Court, is set to deliver in late fall. Carson Companies…

Forward Sale of a Premier Infill Location.   Lancaster, PA, April 22, 2022 – The Capital Markets group, headed by Bob Yoshimura and Joe Hill from Lee & Associates of Eastern Pennsylvania (“LAEP”), orchestrated the sale of a newly developed 251,250 square foot industrial building located at 701 Stony Battery Road, Lancaster, PA. This facility encompasses the highest quality of modern industrial design featuring 36′ clear ceiling heights, 49 loading docks, and ample parking capacity….

  Pennsylvania – March 2022 – – Lee & Associates of Eastern Pennsylvania, a fully-integrated commercial real estate brokerage and management firm, announces the sale of approximately 17 acres to a private investment firm. Principal Tony Rod, SIOR, and Associate Andrew Landolfi represented the buyer in the transaction. The property offers proximity to the region’s major roadways and provides convenient access throughout the Greater Philadelphia area, New Jersey, New York, and Baltimore. Rod and Landolfi…

January 24, 2022 Pennsylvania—Lee & Associates, a national full-service commercial real estate firm has orchestrated the sale of approximately 166 acres to international developer and owner, PNK Group. Principals; John Van Buskirk, SIOR, and Bill Shrader represented Union County in their fourth deal since taking on the listing. The deal will potentially add the park’s first speculative building in hopes of attracting a tenant in need of turn-key space. Following receipt of entitlements, PNK will…

  January 20, 2022 Pennsylvania—Lee & Associates, a national full-service commercial real estate firm has orchestrated the lease of approximately 350,000 square feet to complete the full lease-up of the property located at 101 Commerce Drive in Mechanicsburg, PA. Principals; Ed Skonecki, Joel Kreider, SIOR, and the team represented the property owner, an affiliate of New York Life Insurance Company, in the deal. The building was recently improved with new lighting, paint, and HVAC, an…

  Site, immediately adjacent to NJ Route 55 and south of Philadelphia, contains a 36,000 square foot warehouse and six acres suitable for outdoor storage   Lee & Associates of Eastern Pennsylvania, a fully-integrated commercial real estate brokerage and management firm, has brokered the sale of 2020 Delsea Drive, a 13-acre industrial property located approximately 15 miles south of Philadelphia, for $5.64 million. Tony Rod, SIOR, Principal, and Andrew Landolfi, Associate, of Lee & Associates…