Monday, June 7, 2010

Exeter Property Group Purchases Northeast Distribution Center

"A joint venture of Higgins Development Partners and Pritzker Realty Group LP sold the Northeast Distribution Center at 68 Green Mountain Road in Hazelton, PA, to Exeter Property Group for $13 million, or $32 per square foot.

The 400,260-square-foot facility was built in 2006 on about 25 acres, in the Humboldt Industrial Park. Graham Packaging currently occupies more than 168,000 square feet, while the remaining space is vacant."

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