PITTSTON, PA—Woodmont Industrial Partners has acquired a 437,000-square-foot warehouse building at 1 Commerce Road in Pittston, PA.
A former Penguin Random House LLC book distribution center, the facility is now available for lease. Andrew Houston and Adam Ardise of DTZ represented the seller. The Jones Lang LaSalle Pennsylvania Brokerage Leasing team, led by Kim Meincke and Lee Fittipaldi, will represent the property.
Woodmont will implement a capital improvement program that will include new trailer parking and the addition of up to 20 loading docks. Additional renovations will give the metal-paneled building a more modern feel and add extra functionality.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.