JLL Brokers $141.6M Sale of 1.2M-SF Pennsylvania Distribution Center

Reuters02-12 01:16

JLL Brokers $141.6M Sale of 1.2M-SF Pennsylvania Distribution Center

JLL Capital Markets has facilitated the $141.6 million sale of a 1.2 million-square-foot Class A industrial distribution center in Newville, Pennsylvania. The property, located at 3419 Ritner Highway, was sold to PCCP LLC, with JLL also securing an $82 million acquisition loan from QuadReal Property Group for the new owner. The facility, fully leased long-term to Newell Brands, features state-of-the-art specifications and provides strategic access to major metropolitan areas and logistics hubs across the Mid-Atlantic region.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jones Lang LaSalle Inc. published the original content used to generate this news brief on February 11, 2026, and is solely responsible for the information contained therein.

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