UNION TOWNSHIP, PA—Real estate investmentmanager Clarion Partners and MRPIndustrial, the industrial real estate affiliate ofMRP Realty, have acquired the formerI-81/I-78 Logistics Park, a planned 129-acre,two-building, 1,502,000 square foot class A industrial center inUnion Township, Lebanon County, PA. The development, which will nowbe named Gateway Logistics Park, includespad-in-place development parcels for both a 1,002,000 square footand 500,000 square foot distribution center.

"Clarion is very excited to be partnered withMRP Industrial on the acquisition and developmentof this project in Central Pennsylvania. With the market's supplyconstraints we feel we are well positioned to capture build-to-suitopportunities or build spec inventory,” says AndySitzer, senior vice president with ClarionPartners. “This will be the third project the twocompanies have joined forces; the others are Fulling MillRoad in Harrisburg and Burlington IndustrialPark in Burlington, NJ.”

“This acquisition addresses the surging demand for modern, bulkdistribution centers with the ability to service the entireNortheast region from a single facility,” says D. ReidTownsend, principal with Baltimore-based MRPIndustrial. “Over the past 12 months, the CentralPennsylvania market has experienced nearly eight million squarefeet of new absorption, with a steady pipeline of new tenantsentering the market. The park's visibility, access and amenitieswill be an attractive option for a wide range of futuredistribution requirements.”