PHILADELPHIA, December 6, 2023 – NCA Realty Partners LLC today announced it has entered into a partnership with Catalyst Commercial Development to develop a Class A distribution center in Elizabethtown, Pennsylvania.
Located at 156 W. Harrisburg Ave., the industrial facility is currently under development with plans to total 392,000 square feet, and delivery scheduled in mid-2024. The site consists of nearly 43 acres in one of the most utilized logistics corridors in the state. The facility will offer prospective tenants 36-foot clear heights, 347 trailer and car parking spaces and ample additional outdoor storage capability. 156 W Harrisburg offers convenient access to major regional highways and national and global distribution centers.
About NCA Realty Partners
Founded in 2021 as a subsidiary of Nassau CorAmerica LLC, Philadelphia based NCA Realty Partners is a boutique real estate private equity firm focused on a hybrid approach to investments in housing, storage/distribution, and healthcare (“beds, sheds, and meds”). NCA Realty Partners is currently investing via its first commingled fund focused on direct, co-sponsorship, and preferred equity investments in core-plus and value-add opportunities and serving both institutional and retail investors. The firm leverages deep experience, broad networks, and an institutional framework to identify, evaluate and execute upon opportunities across its target markets and asset classes. To date, NCA Realty Partners has closed on or committed to fund $130 million across 12 transactions nationwide. For more information, visit ncarealty.com.
Nassau CorAmerica LLC is a diversified real estate investment and asset management firm with approximately $3 billion in assets under management. It provides clients with access to a range of investment opportunities including core, core-plus, value-add and structured debt and equity alternatives with an emphasis on public and private commercial real estate debt. Nassau CorAmerica is a subsidiary of Nassau Asset Management Company (NAMCO), the asset management affiliate of Nassau Financial Group. For more information, visit coramerica.com.
Bob Flanigan, NCA Realty Partners
Bill Petak, Nassau CorAmerica
Alice Ericson, Nassau Financial Group