Pennsylvania Ave Trade Center
Pennsylvania Ave Trade Center
Cushman & Wakefield is pleased to offer Pennsylvania Ave Trade Center - 1201 Pennsylvania Ave, York as a 473,760 SF Industrial Development Opportunity in Central Pennsylvania.
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Gerard J. Blinebury, Jr., joined Cushman & Wakefield in 2001 and currently serves as Vice Chairman of the Industrial Brokerage Group and Partner in Cushman & Wakefield’s Industrial Advisory Group (IAG), specializing in the Industrial Asset Class throughout Eastern Pennsylvania. Mr. Blinebury has a broad range of experience working with institutional owners and corporate users throughout the I-81 and I-78 corridors as well as the Suburban Philadelphia Industrial Markets. This experience includes agency leasing, building sales, land sales, tenant/ buyer representation and the marketing of investment grade industrial buildings and industrial parks. Prior to joining Cushman & Wakefield, Mr. Blinebury was associated with Kissinger, Bigatel & Brower, a full-service real estate firm in State College, Pennsylvania.
- Property Type
- IndustrialLand
- Deal Type
- Development
- Risk Profile
- Opportunistic
Executive Summary
Pennsylvania Avenue Trade Center features a 473,760 SF development opportunity located in the heart of York County in the Central PA submarket of the I-81/78 Corridor. Situated at the intersection of Route 30 & I-83, the PA Ave Trade Center offers a cross-dock design with an abundance of parking throughout.
The Central PA submarket is the largest, and most active, submarket along the I-81/78 Corridor. The submarket has gained national recognition and tenancy due to its market composition and dynamics stemming from its outstanding highway infrastructure, accessibility to the New York Metropolitan Area and Philadelphia. With limited availabilities, over 65 MSF of active users in the market and the increasing importance on e-commerce, the Central PA submarket will continue to generate a significant amount of activity for the foreseeable future.
Exclusive Representation
Cushman & Wakefield of Pennsylvania, LLC is exclusively representing seller.
Offer Requirements
Seller has not established definitive requirements, but is a market-oriented seller with expectations that are consistent with the quality of the asset and current market conditions.
All offers should include:
- Purchase price and deposit
- Timing for inspection period and closing date
- Specific detail regarding contemplated financing components
- Financial backing of prospective buyer
- Summary of transactions and references
Co-Broker Commission
Any Buyer which is represented by a broker is responsible to compensate the broker.
Communication
All communications, inquiries and requests should be addressed to the C&W Team, as representatives of seller.
BID DATE
Written notification will be sent regarding the bid date. Initial bids must be submitted to the attention of Gerry Blinebury and Collin Potter. The Seller reserves the right to accept an offer prior to this date or to remove the property from the market at any time.
Inspections
Property is undeveloped, seller requests notification if buyer intends to drive the property. Brokers available for Market Tours upon request.