MECHANICSBURG, PA—Woodmont IndustrialPartners has sold 34 Dauphin Drive toExeter Property Group for $8 million.WIP acquired the 180,333 square-foot, rail-serveddistribution center in November 2012 and after completing extensiverenovations, leased the facility to AllenDistribution, a third-party logistics provider.
WIP completed an intensive 6-month rehab, upgrading the buildingto modern standards, including the incorporation of an ESFRSprinkler system and T-5 lighting, among other improvements. Thebuilding, which sits on 10.64 acres of land and can support thespace requirements of single or multiple tenants, features 3,200square feet of office space, 24-foot-high ceilings, 20 dockpositions and 10 rear rail doors.
Situated approximately 12 miles south of Harrisburg, 34 DauphinDrive is located in an established industrial park on Route 11 nearI-76 and 81.
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