Landmark Commercial Realty recently announced the successful sale of a single tenant NNN leased, industrial cold storage/food production facility located in Lebanon Rails Business Park. The property, offering a generous 97,996 SF of space, has been sold to Scout Cold Storage Lebanon Hanford, LLC for a notable $24,500,000.
This facility boasts several state-of-the-art amenities including being entirely climate-controlled with frozen cold storage and refrigerated food production areas, 12 dock high doors, 1 drive-in door, and a remarkable 42’ clear height ceiling.
Jason Grace, CCIM, SIOR, CEO & Managing Principal at Landmark Commercial Realty / TCN Worldwide who represented the seller alongside Darren Smith and Mike Rohm, also with Landmark, stated, “This transaction marks the largest sales transaction of the year and underscores the sustained demand and growth potential in the cold storage industrial property market.”
Lebanon Rails Business Park is also home to corporate neighbors such as Valspar Corporation, VISTAR, Always Bagels, VisionCorp Lebanon, The Hershey Company, GenServe, Genco, Henry Molded Products, Cargill, and the Lebanon Valley Mall.
About Landmark Commercial Realty / TCN Worldwide
Landmark Commercial Realty, established in 1988, is a full-service commercial/industrial brokerage firm headquartered in Harrisburg, Pennsylvania, focusing on the South Central Pennsylvania region. Serving more than 200 markets globally, Landmark is a member of TCN Worldwide, with more than 1500 brokers and salespeople.