Dalfen Industrial has purchased a two-building, 572,800-square-foot, class A industrial portfolio in the I-78/I-81 corridor of Pennsylvania.
The Central Pennsylvania submarket is the largest in the I-78/I-81 corridor and features some of the best labor demographics in the Northeast as well as accessibility to highway and interstate infrastructure. The Central Pennsylvania industrial market is also experiencing rapidly rising rental rates for class A product due to the current lack of available inventory.
The portfolio includes buildings in Lancaster, Pa., and Elizabethtown, Pa. The Lancaster property (601 Stony Battery Road) is a new, 252,800-square-foot building. The Elizabethtown property (35 Conewago Road) was built in 2018 and has 320,000 square feet of space. Each of the assets features the characteristics highly demanded by today's ecommerce tenants, such as high clear heights, a large number of loading docks, ample parking and modern office space. The portfolio'
