AMC Delancey sells Pennsylvania portfolio
Large industrial parks included in deal
By Inman News, Monday, April 30, 2007.Philadelphia-based AMC Delancey Group Inc. today announced it has sold its Heartland portfolio of 12 office, flex, warehouse and industrial buildings in Pennsylvania for approximately $30.5 million.
The portfolio consists of a 102,384-square-foot office/warehouse building in Middleton; a 57,245-square-foot office/warehouse in Mechanicsburg; the four-building, 134,817-square-foot Pennsylvania Business Center in Camp Hill; and the six-building, 271,756-square-foot Fairview Industrial Park in Lewisberry.
Existing tenants at the Pennsylvania Business Center included the PA Department of Corrections and Herr's Snack Foods, while tenants at the Fairview Industrial Park included Eagle Global Logistics, Ingersoll-Rand, Quantum Imaging and Goodman Manufacturing.
Richmond, Va.-based RE Value Advisors LLC purchased the properties.
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