GRIFFIN AGREES TO ACQUIRE 49 ACRES FOR FUTURE INDUSTRIAL BUILDINGS

HANOVER TOWNSHIP, PA. — Griffin Land has agreed to acquire 49 acres of undeveloped land in Hanover Township for $7.2 million. The land is expected to support the development of two industrial buildings, totaling at least 500,000 square feet, though no approvals are currently in place. The transaction is expected to close later this year.