Gerry Blinebury Jr. of Cushman & Wakefield of Pennsylvania represented EGL in the transaction, and John Van Buskirk of Harrisburg-based NAI CIR represented the owner, York Butterfly LP. The latter is a partnership between Philadelphia-based Brasler Properties and Boston's New Boston Fund. Terms of the lease are undisclosed. However, on condition of anonymity, an area industrial broker tells GlobeSt.com the average asking rate is in the range of $3.50 per sf.

The Brasler/New Boston partnership acquired the 126-acre former Caterpillar site four years ago for $9 million. Brett Brasler, a principal, tells GlobeSt.com the partnership has invested more than $30 million to redevelop the center into a modern industrial park. "There were 20 or so structures on the property, most of which have been cleared," he says. Two connected buildings aggregating 1.5 million sf remain along with a smaller 50,000-sf building.

Handling EGL's initial lease "required a significant amount of additional tenant improvements, which we aggressively underwrote to get them to commit," says Chris Brasler, president. It paved the way for EGL's additional 210,000 sf. RR Donnelley occupies 700,000 sf; Bon-Ton occupies 50,000 sf, and Logisco has another 200,000. The four tenants now take overall occupancy to about 85% with just 250,000 sf remaining.