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Novaya And Foxfield Acquire Distribution Center

Nov 29, 2016 | Reprints | Unlock Link | Print

A joint venture of Novaya Real Estate Ventures and Foxfield Ventures, both of Boston, have acquired a 178,600-square-foot distribution center at 4500 Westport Drive in Mechanicsburg, Pennsylvania for $6.4 million.

The vacant property on the Interstate 78/I-81 industrial corridor is considered a prime location for distribution and e-commerce companies. Upgrades including additional trailer storage and reconfigured employee parking are planned.

CBRE represented seller Vereit Inc.

B&T Daily