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Penwood Picks Up Pennsylvania Industrial Asset
Hartford, CT-based Penwood Select Industrial Partners, VLP purchased 6345 Brackbill Boulevard in Mechanicsburg, PA for a reported $33.1 million. The 507,634-square-foot, single-story industrial asset was sold by an unnamed real estate investment management firm.
Located on 29 acres with rail access and a secure truck court, the site is strategically situated at the core of the I-81 Corridor, one of the most desirable locations for bulk distribution space in the eastern U.S. The fully temperature-controlled warehouse is 100% leased to a single tenant. Significant upgrades to the property include ESFR sprinklers and T-8 lighting, which make it ideal for a variety of warehouse distribution tenants.
Cushman & Wakefield’s Gerry Blinebury, James Carpenter, Robert Yoshimura, and Joseph Hill, Jr. represented the seller.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition


