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Real estate fund managed by Ares Management acquires class A distribution facility in Pennsylvania
Transactions - MAY 22, 2024

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Real estate fund managed by Ares Management acquires class A distribution facility in Pennsylvania

by Denise Moose

A real estate fund managed by Ares Management acquired Middletown Logistics Center, a newly constructed class A warehouse distribution center in Middletown, Penn.

JLL marketed the property on behalf of the seller, an affiliate of Endurance Real Estate Group, and procured the buyer.

Located at 2070 N Union Street, the 251,200-square-foot building was constructed in 2021–2022 and provides 36-foot clear heights, LED lighting and an ESFR sprinkler system along with 42 loading doors, one drive-in door, 33 trailer stalls and 193 parking spaces.

Middletown Logistics Center is situated within the East Shore of Harrisburg, immediately off of Pennsylvania Route 283, which provides access to the region’s major interstates. The property is located directly between the UPS East Zone Regional Hub totaling 775,000 square feet and a 121-acre FedEx distribution campus.

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