The land parcel was sold to Hoffberger Holdings, on behalf of its business, Merchants Terminal Corp., a company that specializes in temperature-controlled logistics solutions. Hoffberge acquired the parcel for an undisclosed price. It plans to build a 12 million cubic foot food distribution center on the site. Michael Royce of Cushman Wakefield represented Merchants Terminal Corp. in the transaction.


Building 2

Eventually, CCC will be built out to 2.8 million sf, he says. The park is located on a former General Motors property that Duke has since demolished and remediated. It plans to attract a wide range of client uses to the site, the spokesman says. With the 13-acre land disposition to Hoffberger complete, Duke has 149 acres remaining in the park for future development.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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