Located in Marshall and Cranberry Townships along the border of Allegheny and Butler counties, this 925-acre park totals 3 million square feet of industrial space. More than 100 companies occupy the park, including Mitsubishi Electric, Eaton, and rue21. The United States Post Office has a bulk mail facility on 75 acres of the park, and the Society of Automotive Engineers (SAE) has had its headquarters at the park since 1973. We own three buildings in the park totaling 174,000 square feet, along with 50 acres for future development.
In continuation of our successful joint venture with Elmhurst Group, who partnered with us to develop the now fully leased Commons, we will also be partnering with them to build a new flex industrial building and a new office building. The shell for the 60,000 square-foot flex building is expected to be completed in the third quarter. Construction of a new three-story office building will follow and total 75,000 square feet.
The developer of a pair of hotels constructed a Staybridge Suites on site with plans to also build a Holiday Inn Express. Both buildings will be four stories
Dyson Direct signed a 5-year lease with for 5,000 square feet in Commonwealth Manor II. The space includes a new showroom, convenient, dedicated parking at the front entrance and a full interior renovation of bathrooms. Dyson will use this space as a center for servicing and repairing their products.