320,000 SF Warehouse Sold in Elizabethtown
Lemoyne, PA – February 22, 2019: The newly constructed 320,000 SF warehouse, located at 35 Conewago Road, Elizabethtown, has been sold by Conewago Contractors, Inc. to a joint venture between High Street Realty Company, LLC and Angelo Gordon. Jack Shepley, of NAI CIR, handled the transaction.
35 Conewago Road is a Class A warehouse located in the Conewago Industrial Park. The 320,000 SF facility boasts concrete tilt- wall construction, 32’ clear height, ESFR sprinklers and 32 dock doors. The building offers 147,200 SF available for lease, contact Jack Shepley or Aaron Albright, of NAI CIR, for more information on the availability.
About Angelo Gordon:
Angelo Gordon is a privately held limited partnership founded in November 1988. The firm currently manages approximately $32 billion with a primary focus on credit and real estate strategies. Angelo Gordon has over 450 employees, including nearly 190 investment professionals, and is headquartered in New York, with associated offices elsewhere in the U.S., Europe and Asia. For more information, visit www.angelogordon.com.
About High Street Realty Company, LLC
High Street Realty Company is a recognized private equity real estate investment management company focused exclusively on institutional quality industrial assets in major markets across the eastern two-thirds of the United States. With extensive expertise across all facets of real estate acquisition, finance, development, operations, disposition, portfolio and asset management, they are an experienced, institutional, and hands-on operator.
About Conewago Industrial Park
The Conewago Industrial Park is an established 530 acre park in Elizabethtown, PA, along the northern border of Lancaster County and only 3 miles off of Route 283. With close proximity to UPS and FedEx hubs, and central location between both Harrisburg and Lancaster markets, it is home to industry leading tenants such as Nordstrom, Western Power Sports, Angleboard, and Crowe Transportation.
About NAI CIR
NAI CIR, based in Lemoyne, is Central Pennsylvania’s oldest and largest exclusively commercial industrial real estate full service brokerage firm. Founded in 1970, the firm is consistently ranked as the top producing commercial industrial sales and leasing firm by the Central Pennsylvania Business Journal and by Real Capital Analytics. The firm has been honored as a Philadelphia Region CoStar Power Broker for 15 consecutive years.
NAI CIR is the Central Pennsylvania representative of NAI Global, an international organization of real estate professionals with connections literally all across the world. Our transaction and management professionals are among the most experienced and successful in the business, and our platform ensures that our expertise directly benefits our clients.
About NAI Global
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 7,000 local market professionals, managing in excess of over 425 million square feet of property. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.
NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.
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