Tuesday, May 8, 2018

Cambria Inks Full-Building Lease in King of Prussia

Cambria Company, a supplier of engineered quartz surfaces for kitchens, baths and other uses, leased the entire 60,486-square-foot, warehouse-showroom building at 780 Third Ave. in King of Prussia, PA.

Based in Le Sueur, Minnesota, Cambria's new location will serve clients in the Mid-Atlantic region for the family-owned, American-made producer of natural stone surface products.

Endurance and its investment partner, Thackery Partners, acquired the 50-year-old building as part of a five-building portfolio acquisition in early 2017.

The Cambria lease brings its King of Prussia portfolio to full occupancy.

"We are thrilled to welcome Cambria into our portfolio.Their use is perfect for the asset, and this building should enable them to serve their customer base for many years to come."

Endurance has made six acquisitions in the past two years totaling nearly 1.8 million square feet of office, warehouse, distribution and flex space. Its recent buys include Penn Warner Industrial Park, a 240,358-square-foot light industrial complex in Bucks County, PA, and 2000 Bishops Gate Blvd. in Mount Laurel, NJ, a 309,250-square-foot industrial building.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.