Thursday, June 20, 2013

C&D Tech Sells 248,000-SF Industrial Bldg

C&D Technologies, Inc. sold two industrial buildings at 82 E. Main St. in Leola, PA to Dart Container Corporation for $3.2 million, or approximately $13 per square foot. 

The front and rear buildings total 247,720 square feet on 17 acres in the Lancaster County Industrial submarket. The 199,020-square-foot front building was originally constructed in 1955 and renovated in 1999, and the 48,700-square-foot rear building was constructed in 2001. In total the property offers nine exterior loading docks, 8 interior loading docks, one drive-in, 17-foot to 27-foot clear heights, and rail access on Norfolk Southern. 

C & D Charter Power Systems, Inc. leased back 40,000 square feet from the buyer for an undisclosed term.

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