SOLD
PCCP LLC And MRP Industrial Acquire 57-Acre Industrial Site In York, Pennsylvania For $13.5M
500 Willow Springs Lane
Development Site
674,000 SF
674,000 SF
Sold 264 days ago
Summary
Sale
PENNSYLVANIA
Development Site
674,000 sqft
A 57-acre site located at 500 Willow Springs Lane in York, Pennsylvania has been sold for $13,500,000. The property is designated for an industrial park called Expressway Commerce Center, consisting of two buildings totaling 674,000 square feet. The market value of the property is $20 per square foot.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $13,500,000
- Address: 500 Willow Springs Lane, York, Pennsylvania
- Market: York, Pennsylvania
- Size: 57 acres
- Buyer: PCCP LLC; MRP Industrial - Matt Clymer
- Seller: The Maple Press Co.
- Square Footage: 674,000
- Price per Square Foot: $20
PCCP LLC and MRP Industrial, represented by Matt Clymer, have acquired the site to develop the Expressway Commerce Center. The industrial park is expected to meet the strong demand in the Central Pennsylvania submarket. It will offer modern facilities and benefit from its strategic location near major transportation routes. The project is scheduled for completion in the third quarter of 2024.
Details
SOLD
IMAGE: Matt Clymer
DATE: 08/18/2023
ADDRESS: 500 Willow Springs Lane
MARKET: York, Pennsylvania
ASSET TYPE: Industrial ~ ACRES: 57
BUYER: PCCP LLC; MRP Industrial - Matt Clymer
SELLER: The Maple Press Co.
SALE PRICE: $13,500,000
SF: 674,000 ~ PPSF: $20
NOTE: PCCP LLC and MRP Industrial have purchased a 57-acre site in York, PA, for a two-building, 674,000-square-foot industrial park named Expressway Commerce Center. Scheduled for completion in Q3 2024, the project will cater to strong demand in the Central Pennsylvania submarket with modern facilities and strategic location near major transportation routes.View on map
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Address500 Willow Springs Lane
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