Founded in 1995, Keystruct Construction, Inc., is a regional construction company based in York, Pennsylvania, serving the Mid-Atlantic region. Specializing in Industrial and Commercial projects, Keystruct is sized for efficiency and project agility, to meet each client’s specific needs, while focusing on safety, reliability, and project details. Because Keystruct offers a full range of in-house services, from land acquisition to site development and facility planning, we are
The continuing growth of e-commerce — which accounted for $119 billion of sales in the fourth quarter of 2017 alone, according to the U.S. Department of Commerce — is helping to drive demand for industrial/warehousing facilities in Northern New Jersey while shaping design requirements for new construction.Warehousing and distribution activity in general has already benefitted from strong brick-and-mortar sales for consumer products, apparel, food and other categories. The inc
The rising cost of commercial real estate throughout the nation has made it very difficult for businesses to survive for some time now. Add to that increased labor costs due to the unemployment rate dropping to 3.9%, which is a low that has not been seen since 2000, and businesses are scrambling for ways to make money. Businesses have been fleeing high cost states in search of lower real estate prices and better labor, but now it seems the playing field is has been leveled na
Dayton, NJ — JLL has completed a new transaction for owners Accordia Realty Ventures LLC and EverWest Real Estate Investors LLC at 83 Stults Rd. in Dayton, with One Stop Logistics LLC. The logistics company signed a lease for the entire 369,000 s/f distribution and warehouse facility.
Accordia Realty and EverWest Real Estate were represented by Brian Golden, executive vice president, with JLL. He worked closely with Joe Romano, principal, at Accordia Realty and with Krystal
With over 45 years of experience as an industrial real estate owner/operator and redeveloper, Industrial Investments, Inc. has lived through the ups and downs of the local industrial market and is in a position to take a broad view of the current market. In short, we have rarely seen the suburban Philadelphia/South Jersey industrial market in such a strong position. Suburban Philadelphia has experienced substantial tenant demand for space in recent years, resulting in a risin
South Plainfield, NJ — Bussel Realty Corp. arranged the sale of 121 Corporate Blvd. in South Plainfield, a 36,000 s/f industrial building.
Herb Zimmerman, senior vice president of BRC, represented the buyer, Touch Dynamic. The seller, Adler Development, was represented in-house. #RealEstate #IndustrialRealEstate #Bussel #MAREJournal
The strength of industrial as a favored an asset class is not in dispute. Institutionally backed capital is trying to deploy across the industrial spectrum as capital tries to enter the field or double down on their existing investments. Public to private mergers are coming across the screen more frequently as are large scale private transactions driven by “industrial aggregators”. So what does this mean for investors, occupiers, and landlords?Investors Competition to place c
MECHANICSBURG, PA — Cushman & Wakefield’s Pennsylvania industrial team has brokered the sale of 6345 Brackbill Blvd. in Mechanicsburg. Penwood Select Industrial Partners, VLP purchased the 507,634-square foot, single-story industrial asset from a real estate investment management firm. Gerry Blinebury, executive managing director with Cushman & Wakefield, led the Capital Markets team of James Carpenter, Robert Yoshimura, and Joseph Hill, Jr., which represented the seller.Loca
A leading pure-play industrial real estate company, Duke Realty has focused on growing its portfolio in the top-tier logistics markets in the United States. In keeping with that strategy, the company has concentrated its efforts in Northern New Jersey and the Lehigh Valley in Pennsylvania – two areas that have consistently been at the top of the list of locations for companies’ warehouse and distribution operations. Both markets continue to be the most in-demand distribution
MIDLAND, VA — Easi-Set Worldwide, a subsidiary of Smith-Midland Corporation (SMID) licensed producer update. Lonestar Prestress Manufacturing Inc. in Bellville, TX, has been settling into its new 21-acre site after building an 85,000 s/f manufacturing facility, with four bays up to 700-feet long and a separate 40’ x 100’ headquarters. Lonestar is the premier static cast, prestressed concrete pole and Easi-Set Building producer in the Southwest. The company is one of 14 Easi-S
Thanks to a combination of low vacancy rates, increased barriers to entry, demand by occupiers and the institutional capital community’s ever-increasing appetite for industrial product, Eastern Pennsylvania’s Industrial markets continue to thrive. Although the specific submarkets have unique nuances associated with local economic drivers, highway networks, taxation, labor base, and other issues, the overall demand by tenants and capital community alike is driven by elementary
Our team at DesignPoint has vast experience in health care and senior living projects. “Whether a physician’s office, surgical center, skilled nursing facilities, assisted living or memory care, at some point we have worked with them all,” said DesignPoint President & Founder Les McCoy. “Given the recent increase in dementia diagnoses, the assisted living industry is scrambling to meet the need, and memory care is a hot topic.”
Nationally, clients have sought DesignPoint’s
The commercial and industrial real estate market in New Jersey is healthy and currently growing. Due to the lack of developable land and the strong economy in the state, developers are now looking to develop brownfield properties that are usually passed over due to environmental concerns. The need for brownfield sites to be developed into residential, commercial and industrial buildings is being driven by two trends: the desire people have to live near urban areas and the nee