Thursday, March 24, 2011

136,542 SF Lancaster Industrial Sells for $3.7M

"Pet Food Experts, Inc., headquartered in Cumberland, RI, purchased the property located at 180 Greenfield Road in Lancaster, PA for $3.7 million, or $27 per square foot, from Union National Community Bank in an REO Sale.

The property includes three buildings that total 136,542 square feet. Two of the smaller buildings are leased, while Pet Food Experts, Inc. will move into the largest of the buildings while expanding its distribution in the Pennsylvania area. This property offers 29 loading docks, four drive-in doors, 27-foot ceiling heights, cooler/freezer space, and rail potential located on over 21 acres of land."

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