Tuesday, March 4, 2014

Endurance RE Grp Acquires Former Signature Furniture Bldg for $26M

Endurance Real Estate Group LLC has acquired the former Signature Furniture industrial building at 325 S. Salem Church Rd. in York, PA for $26 million, or about $42 per square foot, from an affiliate of national shopping center investor Schottenstein Property Group. 

The 624,800-square-foot distribution center was built in 2007 on 49.5 acres in the York County Industrial submarket, just off Route 30 in close proximity to I-83. It features 8-inch floors, EPDM rubber roof, 50x40-foot column spacing, 42-foot clear heights, wet sprinkler, 4,000-amp heavy power, 42 loading docks and one drive-in, and fenced parking for 280 trailers. 


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