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Shadow Lawn Pays $9.75M for Lancaster Industrial Bldg – CoStar Group

by thiryj

CoStar reports – Shadow Lawn, a Pennsylvania-based property investment firm, acquired the City Line Business Center in Lancaster, PA, from Thermal Solutions Products, LLC for $9.75 million, or about $60 per square foot.

The fully leased manufacturing building located at 1175 Manheim Pike in Lancaster, PA was delivered in 1989. The property totals 161,000 square feet and sits on eleven acres.

Tim Shreiner of Prudential Homesale Services represented the buyer, while Dan Berger of NAI Commercial Partners, Inc. represented the seller.