REBusinessOnline

Ace Hardware Leases 1.1 MSF Distribution Facility in Fredericksburg, Pennsylvania

139-Fredericksburg-Road-Fredericksburg-PA

Ace Hardware will take occupancy of the 1.1 million-square-foot facility at Lebanon Valley Distribution Center in Fredericksburg, Pa., by year end.

FREDERICKSBURG, PA. — Ace Hardware has signed a long-term lease for 1.1 million square feet of distribution space at Lebanon Valley Distribution Center, located at 139 Fredericksburg Road in Fredericksburg. The lease involves a 1.1 million-square-foot cross-docked, 36-foot clear height distribution facility. The existing 874,126-square-foot facility will be expanded by 225,875 square feet and delivered to Ace Hardware for occupancy by year’s end. Joseph McDermott, Jake Terkanian, Vincent Ranalli and David Lind of CBRE represented Ace Hardware. The property is owned by USAA Real Estate Co. and is being developed by Trammell Crow Co.

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