Woodmont Industrial Acquires 437,000 SF Warehouse in Pittston, Pa.

by Amy Works

PITTSTON, PA. — Woodmont Industrial Partners has acquired a 437,000-square-foot warehouse building, located at One Commerce Road in Pittston, for an undisclosed sum. The property features 48- to 54-foot clear height with racking in place, a 269-car parking lot and rail service. Woodmont plans to implement a capital improvement program to the property, including new trailer parking and the addition of up to 20 loading docks. The property, which served as a book distribution center for Penguin Random House LLC, is currently available for lease. Andrew Houston and Adam Ardise of DTZ represented the undisclosed seller in the transaction.

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