In March 2019, CenterSquare and its joint venture partner, Endurance Real Estate Group, acquired 594 Can Do Expressway, a 243,000 SF Class B manufacturing facility located in a highly sought after Northeast Pennsylvania industrial market. The excess corporate real estate was acquired vacant from a manufacturer of Yellow Pages phone books. The JV was attracted to the Property due to its location within the established Humboldt Industrial Park with an abundant labor pool and its close proximity to I-80 and I-81 providing access to 60% of the country’s population within a one-day drive. This JV represented the third transaction completed with Endurance.
