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HILLWOOD ACQUIRES KEY DISTRIBUTION CENTER

CARLISLE, PA. — Hillwood Investment Properties has acquired Key Distribution Center, a more than 600,000-square-foot industrial property located in Carlisle. The Class A facility is situated on a 46.3-acre site at 1700 Ritner Highway. It was constructed in 2007. The seller was a joint venture between Chicago-based companies Higgins Development Partners and Pritzker Realty Group. Steve Bonge, Tim Brogan and Patrick McBride of Grubb & Ellis represented the venture in the deal. Michael Bartolacci, Gerald Bower and Jerry Moore of The Garibaldi Group represented the buyer. The acquisition price was not released.

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