(To read more on the industrial market, click here.)
FAIRLESS HILLS, PA-Two lease agreements aggregating 150,000 sfin the Penn Warner Industrial Park have increased occupancy in the240,000-sf center to more than 95%. Locally based Smart ManagementGroup has expanded from 90,000 sf to 120,000 sf at 270 and 290Canal Rd., and Hydrofarm has signed a lease for 30,000 sf at 199Canal Rd.
Bala Cynwyd-based Endurance Real Estate Group owns thefour-building, 240,000-sf industrial park in partnership with NewYork City-based Assurant. It consists of four 60,000-sf,rail-served buildings that were completed in 1970. Each has ninetailgates and a drive-in door, and all have 24-ft clear ceilingheights.
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