“This portfolio sale is part of the $1.1 billion of new state-of-the-art industrial assets Bridge will sell in 2017,” says Steve Poulos, founder/CEO of Bridge Development Partners.
Designed by architectural firm Architectura, with interiors curated by boutique design firm, VLDG, One Park has a glass curtain wall and private outdoor space for every home.
The new location satisfies F&S Produce's manufacturing needs and cuts six months from the company's original expansion plan of building another facility in Cumberland County, NJ, to increase its production capacity.
The transaction represents the largest portfolio of industrial real estate that has traded in Northeastern Pennsylvania in several years, according to Gerard J. Blinebury, executive director with Cushman & Wakefield's Industrial Advisory Group