In October 2019, CenterSquare Value-Added Fund IV, L.P. and its joint venture partner, Wharton Industrial, acquired 69 Green Mountain Road via an off-market transaction. The property is a highly-functional Class A industrial building located in Northeastern Pennsylvania, a major distribution market. The 590,000 square foot distribution facility was built in 1999 and features 32-40’ clear heights, large truck courts, ample loading, rail capability and further benefits from excess employee parking and trailer drops. CenterSquare has made two investments with Wharton Industrial to date.
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