Lancaster Online Recently Wrote the Following:
Two of the hottest segments of the industrial real estate market here are new and shovel-ready proposals for large buildings designed to serve e-commerce and distribution companies – not only manufacturers.
And nowhere is the temperature higher than in East Hempfield Township near Route 283.
Among the recently completed buildings is a 253,000-square-foot building at 601 Stony Battery Road, constructed “on spec” (meaning it was built without a tenant lined up) and recently acquired by Boston-based real estate investment firm TA Realty.
“The whole 283 corridor is going to continue to fill out in time, as you see tenants migrate from the Harrisburg area down 283 toward Lancaster,” said the property’s listing agent, Jason Webb, of realty firm Jones Lang LaSalle.