SOURCE: Binswanger


February 03, 2015 12:07 ET

Binswanger and Hilco Named Exclusive Agents for the Sale/Lease of a Major Distribution/Office Facility in Warrendale, Pennsylvania

SYLVANIA, OH--(Marketwired - Feb 3, 2015) -  Binswanger, working with Hilco Real Estate has been named exclusive agent by American Eagle Outfitters, Inc. for the sale/lease of an excellent, single-story 440,160 sq. ft. distribution/office facility on approximately 23.5 acres. The property is located at 150 Thorn Hill Road in Warrendale, Pennsylvania.

Key features of the building include ceiling heights to 40' clear; ESFR sprinkler system; T-8 fluorescent lighting; full climate control in warehouse; 35 - 8' x 10' dock doors with levelers and locks; one 10' x 12' drive-in overhead door; 6" - 8" reinforced concrete floor; prefinished 8" masonry block/brick walls; TPO and ballasted rubber membrane roof; steel columns spaced 32' x 40' and 32' x 40', and all utilities. The property includes approximately 77,600 sq. ft. of office space on two floors featuring a workout facility and full service cafeteria; with parking for 444 automobiles and 36 truck/trailers. Additionally, the building has a fulfillment system in place which could be made available.

The property is located in Thorn Hill Industrial Park, one-half mile from the I-76 PA Turnpike interchange and one-half mile from the I-79 interchange -- approximately 20 miles north of Pittsburgh.

Binswanger is aggressively marketing the property to manufacturers of food, beverage, textiles, apparel, wood, paper, printing, chemicals, metals, machinery, computers and electronics, motor vehicle body and trailer, and furniture, as well as wholesale trade, retail trade, and transportation and warehouse users.

Headquartered in Philadelphia, PA, Binswanger is an international full-service real estate organization with offices worldwide throughout the United States, Canada, Latin America, Europe, the Middle East, and Asia. 

Hilco Real Estate, ("HRE") a unit of Hilco Global, is a national provider of accelerated real estate disposition services. Acting as an agent or principal, HRE applies its vast experience to advise and execute strategies, helping both healthy and distressed clients to derive maximum value from their real estate assets. By leveraging multi-faceted sales strategies & techniques, aggressive repositioning and restructuring experience, a vast and motivated network of buyers and sellers, and substantial access to capital, HRE exceeds expectations even in the most complex transactions.

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