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Follow on Google News | Cushman & Wakefield Arranges Sale of Pennsylvania Industrial BuildingThe 290,000-Sq.-Ft. Property has been Repositioned for Multi-tenant Use
By: Caryl Communications The undisclosed seller was represented by the Harrisburg-based Cushman & Wakefield industrial team of Gerard Blinebury, Leah Balerno, and Pat McBride, and the Philadelphia- "Our team exclusively represents the seller on a national basis, and we worked closely with them over the past three years to reposition the asset," said Blinebury. "The property underwent a number of upgrades, and we were successful in securing several credit tenants that could utilize the building's amenities. The pet pharmaceutical operations that occupy the building have maintained the food grade and temperature- Among other users, 1499 Zeager Rd. is approximately 50 percent occupied by companies in the pet pharmaceutical industry - Butler Schein Animal Health and MWI Veterinary Supply. Approximately 100,000 square feet remains available for lease at the location. The 55-acre property is located within Conewago Industrial Park, just off Route 283 with proximity to interstates 78, 81 and 83 and the Pennsylvania Turnpike in South Central Pennsylvania. Cushman & Wakefield, Inc.'s industrial brokerage platform provides global resources and local expertise for tenant and landlord representation, disposition and acquisition services, transaction management, and industrial consulting including labor and demographic analysis. In 2011, in the U.S. alone, this group completed more than 6,100 industrial real estate transactions - totaling 225 million square feet - with an aggregate value in excess of $6.5 billion. End
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