{"id":1004210069,"date":"2018-03-13T05:51:08","date_gmt":"2018-03-13T13:51:08","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004210069"},"modified":"2022-12-08T14:01:56","modified_gmt":"2022-12-08T22:01:56","slug":"stag-buys-279-ksf-distribution-facility-in-central-pa","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/stag-buys-279-ksf-distribution-facility-in-central-pa\/","title":{"rendered":"STAG Buys 279 KSF Distribution Facility in Central PA"},"content":{"rendered":"<p>By Beata Lorincz<\/p>\n<div id=\"attachment_1004210071\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/57-Grumbacher-Road-in-York-Pa..jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004210071\" data-attachment-id=\"1004210071\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/stag-buys-279-ksf-distribution-facility-in-central-pa\/57-grumbacher-road-in-york-pa\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/57-Grumbacher-Road-in-York-Pa.-e1520945596588.jpg\" data-orig-size=\"1176,882\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Beata Lorincz&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1520947709&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"57 Grumbacher Road in York, Pa.\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;57 Grumbacher Road in York, Pa.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/57-Grumbacher-Road-in-York-Pa.-e1520945596588.jpg?w=1024\" class=\"wp-image-1004210071 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/57-Grumbacher-Road-in-York-Pa.-e1520945596588.jpg\" alt=\"57 Grumbacher Road in York, Pa.\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/57-Grumbacher-Road-in-York-Pa.-e1520945596588.jpg 1176w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/57-Grumbacher-Road-in-York-Pa.-e1520945596588.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/57-Grumbacher-Road-in-York-Pa.-e1520945596588.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/03\/57-Grumbacher-Road-in-York-Pa.-e1520945596588.jpg?resize=1024,768 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004210071\" class=\"wp-caption-text\">57 Grumbacher Road in York, Pa.<\/p><\/div>\n<p>STAG Industrial Inc. has purchased a 278,582-square-foot distribution asset located 60 miles north of Baltimore in York, Pa., from High Street Realty Co. LLC. The property traded for roughly $18 million, in a transaction facilitated by Cushman &amp; Wakefield\u2019s Capital Markets team.<\/p>\n<p>The <a href=\"https:\/\/www.commercialsearch.com\/news\/nkf-secures-one-of-the-largest-industrial-sales-in-pittsburgh\/\">single-tenant industrial facility<\/a>, leased\u00a0to United Natural Foods, is situated at 57 Grumbacher Road and is part of the Interstate 83 Industrial Park. Located in the rapidly developing Central Pennsylvania market, the area is home to a mix of industrial and manufacturing companies, offices and retailers.<\/p>\n<p>Built in 1985 and expanded in 1993, the structure encompasses 27 dock doors and 97 parking spaces. The single-story property features 22-foot high ceilings and underwent extensive renovations in 2015.\u00a0<\/p>\n<p>Cushman &amp; Wakefield\u2019s team working on behalf of the seller included Executive Directors Joseph Hill, Robert Yoshimura and Gerry Blinebury, along with Director Eric Mattson.<\/p>\n<p><em>\u201cSTAG has aggressively pursued single-tenant assets in the Pennsylvania market and this acquisition is indicative of the cap rate compression in the current environment,\u201d<\/em> said Hill, in prepared remarks.<\/p>\n<p><em>Image via Google Maps<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>United Natural Foods is the sole tenant of the distribution facility located in York, Pa., which traded for $18 million.<\/p>\n","protected":false},"author":739,"featured_media":1004507912,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,21783,21742,10],"tags":[32799,35273,35970],"class_list":["post-1004210069","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-investment","category-latest","category-northeast","tag-cushman-wakefield","tag-high-street-realty-company","tag-stag-industrial"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>STAG Buys 279 KSF Distribution Facility in Central PA - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/stag-buys-279-ksf-distribution-facility-in-central-pa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"STAG Buys 279 KSF Distribution Facility in Central PA\" \/>\n<meta property=\"og:description\" content=\"United Natural Foods is the sole tenant of the distribution facility located in York, Pa., which traded for $18 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/stag-buys-279-ksf-distribution-facility-in-central-pa\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-13T13:51:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T22:01:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/57-Grumbacher-Road-in-York-Pa..jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1293\" \/>\n\t<meta property=\"og:image:height\" content=\"903\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Beata Lorincz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/stag-buys-279-ksf-distribution-facility-in-central-pa\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/stag-buys-279-ksf-distribution-facility-in-central-pa\/\",\"name\":\"STAG Buys 279 KSF Distribution Facility in Central PA - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/stag-buys-279-ksf-distribution-facility-in-central-pa\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/stag-buys-279-ksf-distribution-facility-in-central-pa\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/57-Grumbacher-Road-in-York-Pa..jpg\",\"datePublished\":\"2018-03-13T13:51:08+00:00\",\"dateModified\":\"2022-12-08T22:01:56+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/23f841021ddf3b38ebc56abefe1d6004\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/stag-buys-279-ksf-distribution-facility-in-central-pa\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/stag-buys-279-ksf-distribution-facility-in-central-pa\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/stag-buys-279-ksf-distribution-facility-in-central-pa\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/57-Grumbacher-Road-in-York-Pa..jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/57-Grumbacher-Road-in-York-Pa..jpg\",\"width\":1293,\"height\":903},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/stag-buys-279-ksf-distribution-facility-in-central-pa\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"STAG Buys 279 KSF Distribution Facility in Central PA\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/23f841021ddf3b38ebc56abefe1d6004\",\"name\":\"Beata Lorincz\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Beata-Lorincz.jpg?w=96\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Beata-Lorincz.jpg?w=96\",\"caption\":\"Beata Lorincz\"},\"description\":\"With a background in architecture, Beata Lorincz has been an associate editor with Commercial Property Executive and Multi-Housing News since 2017. Her current work centers around architecture and design, the student housing sector and data-driven updates on the office market.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/beata-lorincz\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"STAG Buys 279 KSF Distribution Facility in Central PA - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/stag-buys-279-ksf-distribution-facility-in-central-pa\/","og_locale":"en_US","og_type":"article","og_title":"STAG Buys 279 KSF Distribution Facility in Central PA","og_description":"United Natural Foods is the sole tenant of the distribution facility located in York, Pa., which traded for $18 million.","og_url":"https:\/\/www.commercialsearch.com\/news\/stag-buys-279-ksf-distribution-facility-in-central-pa\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2018-03-13T13:51:08+00:00","article_modified_time":"2022-12-08T22:01:56+00:00","og_image":[{"width":1293,"height":903,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/57-Grumbacher-Road-in-York-Pa..jpg","type":"image\/jpeg"}],"author":"Beata Lorincz","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/stag-buys-279-ksf-distribution-facility-in-central-pa\/","url":"https:\/\/www.commercialsearch.com\/news\/stag-buys-279-ksf-distribution-facility-in-central-pa\/","name":"STAG Buys 279 KSF Distribution Facility in Central PA - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/stag-buys-279-ksf-distribution-facility-in-central-pa\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/stag-buys-279-ksf-distribution-facility-in-central-pa\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/57-Grumbacher-Road-in-York-Pa..jpg","datePublished":"2018-03-13T13:51:08+00:00","dateModified":"2022-12-08T22:01:56+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/23f841021ddf3b38ebc56abefe1d6004"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/stag-buys-279-ksf-distribution-facility-in-central-pa\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/stag-buys-279-ksf-distribution-facility-in-central-pa\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/stag-buys-279-ksf-distribution-facility-in-central-pa\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/57-Grumbacher-Road-in-York-Pa..jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/57-Grumbacher-Road-in-York-Pa..jpg","width":1293,"height":903},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/stag-buys-279-ksf-distribution-facility-in-central-pa\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"STAG Buys 279 KSF Distribution Facility in Central PA"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/23f841021ddf3b38ebc56abefe1d6004","name":"Beata Lorincz","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Beata-Lorincz.jpg?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Beata-Lorincz.jpg?w=96","caption":"Beata Lorincz"},"description":"With a background in architecture, Beata Lorincz has been an associate editor with Commercial Property Executive and Multi-Housing News since 2017. Her current work centers around architecture and design, the student housing sector and data-driven updates on the office market.","url":"https:\/\/www.commercialsearch.com\/news\/author\/beata-lorincz\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/57-Grumbacher-Road-in-York-Pa..jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004210069","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/739"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004210069"}],"version-history":[{"count":5,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004210069\/revisions"}],"predecessor-version":[{"id":1004210115,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004210069\/revisions\/1004210115"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004507912"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004210069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004210069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004210069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}