JLL Capital Markets closed the sale of 84 Zions View Road in the Central Pennsylvania Industrial Market
News release
14 December 2023
$110.25M sale of Class A warehouse in Central Pennsylvania
Your browser doesn't support speech synthesis.
Listen to article •
Read time: 1 sec
PHILADELPHIA, Dec. 14, 2023 – JLL Capital Markets announced today that it has closed the $110.25 million sale of 84 Zions View Road, a Class A warehouse/distribution property totaling 1,000,000 square feet in Manchester, Pennsylvania.
Completed in 2019, the cross-dock distribution facility is fully air conditioned and features 36-foot clear heights, three drive-in doors, 88 dock doors, 126 trailer stalls and 455 parking spaces. 84 Zions View Road is fully leased at the time of sale.
Positioned on 102 acres in the heart of the Central Pennsylvania Industrial market, 84 Zions View Road is located off of Interstate 83 just to the north of York, PA offering connectivity to Interstate 76, Interstate 81 and the region’s expansive highway network. This accessibility allows tenants to reach 40% of the U.S. population within a day’s drive and 50% of all Canadian consumers.
The JLL Capital Markets Investment Sales Advisory team representing the seller was led by John Plower, John Huguenard, Ryan Cottone, Zach Maguire and Jordan Schwartz, alongside their partners on the industrial brokerage team of Jeff Lockard and Maria Ratzlaff.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources on JLL, please visit our newsroom.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 106,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.