Central PA Route 30 Value-Add Industrial Portfolio

Various locations

Descrição

JLL is pleased to present for sale the Central PA Route 30 Value-Add Industrial Portfolio located in York and Lancaster, Pennsylvania. Totaling 439,910 SF, the Portfolio offers a new investor the opportunity to acquire three multi tenant cash flowing assets that have been institutionally owned and maintained in one of the best performing industrial markets in the country.

The Central PA Route 30 Value-Add Industrial Portfolio was constructed between 1988-1992 and is fully leased to six tenants with 4.8 years of weighted average remaining lease term. In-place rents are 26.2% below market, offering stable cash flow with the opportunity to capitalize on a diversified tenant roster rolling to market.

The Portfolio is situated within highly identifiable industrial pockets of the Central Pennsylvania market. Coveted by investors and tenants alike, the York and Lancaster areas consistently outperform other locations within Central Pennsylvania due to an abundance of blue-collar labor, immediate access to Route 30, and proximity to I-83, Harrisburg, and Baltimore.

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