NEW YORK CITY-As demand for prime industrial properties continues to heat up, real estate investment services firm Eastern Consolidated is marketing a 15-building industrial/warehouse portfolio across Upstate New York, Pennsylvania and Ohio. GlobeSt.com has learned that the multi-state, 2.5 million-square-foot porfolio is going for $97 million.

Stuart Gross, executive managing director at Eastern, tells GlobeSt.com that the owner of the warehouses, who did not wish to be identified, is a prominent “family partnership” in the region. He says that the sites are spread out across the three states, including three in Rochester, NY; three in Guilderland, NY; four in Liverpool, NY; one in Chambersburg, PA; two in Middletown, PA; one in Marysville, OH; and one in Zanesville, OH.

“They have national tenants for the most part, and it about 89% leased,” he says, noting that the warehouses are “very well-situated” from a transportation standpoint. “All of the properties are excellent for distribution, based on their location near interstate highways,” he adds, noting that the portfolio is secured by a number of long-term, high-credit tenants such as Staples, Sumitomo Electric and Iron Mountain.