Thank you for sharing!

Your article was successfully shared with the contacts you provided.

(To read more on the industrial market, click here.)

YORK, PA-Manchester, NH-based FCI USA Inc. has sold the former 178,564-sf Berg Electronics industrial site, located on 19 acres at 320 Busser Rd. in York County Industrial Park for nearly $2.3 million, or just shy of $13 per sf. Berg, an affiliate of FCI, is no longer operating at this site.

The main facility at the site was built in 1975 and there have been five subsequent expansions between 1981 and 1990, according to John Van Buskirk of the industrial properties group of Harrisburg-based NAI/CIR. He and Jack Shepley and Dan Alderman of that office represented the seller in the transaction. Keith Kahlbaugh of locally based Springwood Commercial Realty represented the buyer.

The buyer is a locally based company identified as Mundis Race Road LP. According to Van Buskirk, the new owner will occupy approximately two-thirds of the facility and rent the remainder.

The average asking lease rate for industrial properties of this size in York County is between $3.78 per sf and $3.89 per sf, according to the latest data from the Harrisburg office of CB Richard Ellis. The Central Pennsylvania industrial vacancy is 6.5% according to the same report.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


GlobeSt. NET LEASE Fall 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.