{"id":1004457508,"date":"2020-06-19T04:53:59","date_gmt":"2020-06-19T12:53:59","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004457508"},"modified":"2025-02-26T03:17:48","modified_gmt":"2025-02-26T11:17:48","slug":"cbre-brokers-63m-industrial-deal-in-pennsylvania","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cbre-brokers-63m-industrial-deal-in-pennsylvania\/","title":{"rendered":"CBRE Brokers $63M Industrial Deal in Pennsylvania"},"content":{"rendered":"
\"\"<\/a>

LogistiCenter at 33<\/p><\/div>\n

CBRE has completed the $62.5 million sale of LogistiCenter at 33, a 475,800-square-foot industrial building in Easton, Pa. The company negotiated on behalf of the seller, a joint venture between Dermody Properties and PCCP. Black Creek Group acquired the asset, according to public records.<\/p>\n

CBRE Vice Chairmen Brian Fiumara and Michael Hines, Senior Vice President Brad Ruppel and Director Lauren Dawicki arranged the transaction. In February, the same brokerage team assisted Evergreen Private Finance<\/a> in the disposition of a 172,100-square-foot, industrial property in Garnet Valley, Pa., to BHN Associates.<\/p>\n

Located on 32 acres at 4200 E. Braden Blvd., the warehouse came online in 2016. The structure features 36 foot ceiling clear heights, ESFR fire sprinklers, 69 dock-doors and ample parking for cars and trailers. Radial Inc. fully occupies the property. Other companies with facilities in the area include Georgia Pacific Corp., Crayola and Oldcastle Infrastructure.<\/p>\n

LogistiCenter at 33 is 3 miles from PA Route 33, which also provides access to US Route 22 and Interstate 78. Additionally, the warehouse is 16 miles from Lehigh Valley International Airport.<\/p>\n

If you\u2019d like to be featured in Brokers\u2019 Corner, simply fill in <\/em>our short form<\/em><\/strong><\/a> or send your deal to <\/em>deals@cpe-mhn.com<\/em><\/strong><\/a>.<\/em><\/div>\n","protected":false},"excerpt":{"rendered":"

Brian Fiumara, Michael Hines, Brad Ruppel and Lauren Dawicki assisted the seller, a partnership between Dermody Properties and PCCP. <\/p>\n","protected":false},"author":867,"featured_media":1004365520,"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":[38162,47870,32789,36664,34828,33053],"class_list":["post-1004457508","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-investment","category-latest","category-northeast","tag-black-creek-group","tag-brian-fiumara","tag-cbre","tag-dermody-properties","tag-michael-hines","tag-pccp-llc"],"acf":[],"yoast_head":"\nCBRE Brokers $63M Industrial Deal in Pennsylvania - 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\/cbre-brokers-63m-industrial-deal-in-pennsylvania\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBRE Brokers $63M Industrial Deal in Pennsylvania\" \/>\n<meta property=\"og:description\" content=\"Brian Fiumara, Michael Hines, Brad Ruppel and Lauren Dawicki assisted the seller, a partnership between Dermody Properties and PCCP.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/cbre-brokers-63m-industrial-deal-in-pennsylvania\/\" \/>\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=\"2020-06-19T12:53:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-26T11:17:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/CPE-Brokers-Corner-827x400.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"827\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Pavel Cazacu\" \/>\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\/cbre-brokers-63m-industrial-deal-in-pennsylvania\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/cbre-brokers-63m-industrial-deal-in-pennsylvania\/\",\"name\":\"CBRE Brokers $63M Industrial Deal in Pennsylvania - 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