Mike Adams of NAI Summit Represents Buyer in 90,000 SF Industrial Transaction

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NAI Summit’s Mike Adams recently represented the buyer, Carter Lumber Company, in the sale of 90,000 SF industrial space at 6 Peninsula Drive in North East, Maryland. With 80+ years in business, Carter Lumber provides all your house building material needs. Carter Lumber is one of the nation’s top building materials retailers with 146 locations in 12 states including nine store locations in Pennsylvania. More than just a lumberyard, the Carter Lumber family of companies is dedicated to providing builders and do-it-yourselfers with a broad range of quality building materials and exceptional customer service. Due to growth, Carter Lumber Company was looking to expand their distribution and production by acquiring the new warehouse space in Maryland. The company will use this site for manufacturing of state-of-the-art equipment to design and build trusses and wall panels to supply their retail stores with special order engineered wood products. The building boasts a 90,000 SF industrial building with additional land space for outside storage and easy access situated approximately one mile from I-95.

 

NAI Summit is based in Allentown but holds the capability of conducting transactions worldwide. NAI Summit offers premier full service real estate services including investment, sales, leasing, landlord representation, owner representation, distressed properties, property and asset management, building services, and accounting services. For more information, please visit www.naisummit.com.

 
Information provided to TVL by:
Staci Saeger
www.naisummit.com