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American Realty Advisors Buys 700 KSF Amazon Building in Central Pennsylvania

By Tony Seruga

An Amazon fulfillment center developed by Dermody Properties and PCCP in one of the state’s key distribution markets changed hands for $62.4 million.

Philadelphia–American Realty Advisors of Glendale, Calif., has acquired a 700,000-square-foot warehouse/distribution center located at 2 Ames Drive in Carlisle, Pa.

A joint venture between Dermody Properties and PCCP sold the property for $62.4 million, the Philadelphia Business Journal reported. Michael Hines and Brian Fiumara ofCBRE Inc. represented the seller in the transaction…

American Realty Advisors Buys 700 KSF Amazon Building in Central Pennsylvania

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