On behalf of Endurance Real Estate Group, LLC and Thackeray Partners, JLL’s Philadelphia Capital Markets Group is pleased to announce, on has closed the sale of 515 Zarfoss Drive in York, Pennsylvania to Industrial Property Trust Inc. for $16,500,000. Totaling 312,769 square feet, the Property is located in the 27 million square foot Central Pennsylvania industrial market, which is widely considered one of the top performing in the United States.
“515 Zarfoss Drive presented the opportunity for the buyer to acquire a 100% leased, highly-functional asset with a tenant who has an unmatched local presence and commitment to the market,” said John Plower, senior vice president, JLL Philadelphia. “York County has continued to be a shining star within the Central Pennsylvania market, outperforming other locations in terms of high quality of labor, rental rates and limited vacancy.”
Find out from John what else makes the property so valuable in The Central Penn Business Journal.