Two real estate investment firms have purchased a couple of buildings in Middletown, Pennsylvania for a combined $215.4 million.

Core5 at Middletown is an industrial portfolio of two Class A properties located at 3327 East Harrisburg Pike. The first one was acquired by EQT Exeter Real Estate Income Trust, Inc. for $170.5 million. It features over 1.2 million square feet, 40-foot heights, 224 dock doors, LED lights, an ESFR sprinkler system, and cross-dock loading.

The second building, purchased by MDH Partners, hosts 305,870 square feet and includes single-side loading, 36-foot heights, LED lights, 50 dock doors, and an ESFR sprinkler system.

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
NOT FOR REPRINT

© 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.