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EGL Expands to 314,000 SF at York Center

YORK, PA-Eagle Global Logistics signs a five-year expansion for 129,000 sf at York Business Center on 601 Memory Lane.

By Marita Thomas | Updated on July 25, 2006

YORK, PA-Houston-based Eagle Global Logistics has signed a five-year lease agreement for 129,000 sf at York Business Center. This is a second expansion of its initial lease for 103,600 sf and takes the company’s occupancy in the former Caterpillar site at 601 Memory Lane to 314,000 sf.

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.

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