Specialists in Industrial Land
and Warehouse/Distribution Properties

New Pennsylvania Realty has also specialized in the sale of land for development, including properties for Industrial Use. Through our more than 35 years of experience working with industrial development clients, we have found a niche working with select buyers to find specialized sites to meet their needs.  These select buyers are very well capitalized and their financial capabilities set them apart from the crowd. After identifying our clients' needs, we often approach property owners of land or buildings with the best locations in the market.  In some instances, these owners were not necessarily looking to sell; however, we have often convinced an owner to at least explore the possibilities and talk to our buyers. In many of these situations the owners have been pleasantly surprised and a meeting has resulted in a deal.

In the past few years due to market conditions and a slowdown in new construction, we have evolved further to expand our search for our clients to existing Industrial buildings, especially Warehouse Distribution facilities. Our buyers regularly are looking for any opportunities to purchase a warehouse facility, whether it is occupied or vacant or a Sale Lease back opportunity.  We have found that a sale/lease back can be a win-win for both sides in the transaction. The buyer gets a sound investment with a good tenant. The seller gets a large infusion of cash without significant impact on their day-to-day operation. Our buyers are flexible and willing to tailor each transaction to fit the needs of the seller/tenant.

We have had several notable Industrial sales over the years. We sold a 143 acre tract of land fronting on route 22 in Hanover Township, Lehigh County, just south of the Lehigh Valley Airport to Lucent Technology. In Lebanon County, we worked closely with several economic development groups as well as Norfolk Southern Rail Road to put together the sale of a 125 acre site with rail to Elk Shingle, who built a shingle manufacturing facility on the site which employs over 500 people.  In the Carlisle area, we sold a 90 acre site to Trammel Crow to develop a 1.2 million sq. ft. Warehouse Distribution facility.  We also sold another tract in the Carlisle area containing 150 acres which is currently being developed into over 2 million sq. ft. of Warehouse Distribution facilities. Currently we are working on the development of several sites in Pennsylvania and in New Jersey as well as the sale of several large Warehouse Distribution facilities

New Pennsylvania Realty, Inc.

103 Mush Dahl Road

Copyright © 2004 New Pennsylvania Realty, Inc. All rights reserved.

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