Lowe's Extends Lease For 125,353 SF At York Marketplace In Pennsylvania

Lowe's has extended its lease for 125,353 square feet at York Marketplace in Springettsbury Township, York, Pennsylvania. The retail property is owned by J.C. Bar Properties and Triple Crown Corp. The lease terms are for a period of 5 years, with Lowe's exercising the first of three available five-year term extensions. The property is currently 98% occupied.

Summary of transaction details:

• Property Type: Retail
• Asking Rent: $6.30/ft.
• Square Footage: 125,353
• Address: 2415 East Market Street
• Market: Springettsbury Township, York, Pennsylvania

Lowe's, represented by Marvin Ellison, is the tenant in this lease agreement. The agreement involves York Marketplace, a retail property in Pennsylvania. The property is owned by J.C. Bar Properties and Triple Crown Corp. Lowe's has exercised its first term extension, which allows them to continue leasing the 125,353 square feet of retail space. The property's occupancy rate is currently at 98%. As a result of the lease extension, the base rent has been increased to $6.30 per square foot.