CARLISLE, PA — Hillwood Investment Properties (Hillwood) announced today that it has leased Carlisle 44 Trade Center, a 602,500 square foot Class-A, industrial logistics/distribution property, to Bay Valley Foods, a Green Bay, WI based producer of a large variety of private label shelf stable food products for the North American retail grocery and food away from home markets.
“We are pleased to welcome Bay Valley Foods to Carlisle 44 Trade Center,” said Gary Frederick, Senior Vice President with Hillwood Investment Properties. “Bay Valley Foods was a natural fit for us, as both companies focused on the optimal logistics location in Carlisle. We are confident that our relationship will create opportunities for economic growth in the central Pennsylvania market.” As part of Bay Valley Foods’ tenant improvement construction at Carlisle 44 Trade Center, LEED (Leadership in Energy & Environmental Design) certification will be pursued.
Carlisle 44 Trade Center is located at 1700 Ritner Highway, in Carlisle Borough. Constructed in 2007, the facility resides on a 45.2-acre site conveniently located off I-81 at Exit 44, near the junction of the Pennsylvania Turnpike and I-81, which are major distribution routes through Pennsylvania serving a number of large population centers in the northeastern United States.
Chicago-based Lowenbaum REP, Inc. and its partner, Cushman & Wakefield, represented Bay Valley Foods in its regional search.
“The Garibaldi Group has worked on behalf of Hillwood to market Carlisle 44 Trade Center on a national basis. We expect a great relationship that benefits all parties,” said Michael Bartolacci, Senior Vice President of The Garibaldi Group.
The Garibaldi Group, based in Chatham, NJ, led by Michael Bartolacci, Jerry Moore, Chuck Bower and Gene Preston, represented Hillwood on the lease. Hillwood purchased the property (formerly Key Distribution Center) in June 2010, and was again represented by The Garibaldi Group.
About Hillwood
Hillwood, a Perot company, is ranked as one of the top commercial real estate investors and developers in the country and the top residential developer in Dallas-Fort Worth. The company’s developments currently house facilities for 65 companies listed on the Fortune 500, Global 500 or Forbes List of Top Private firms. Hillwood is best known for its Alliance brand that includes the 17,000-acre AllianceTexas, 4,474-acre AllianceFlorida at Cecil Commerce Center and 2,000-acre AllianceCalifornia. For additional information about the company, please visit www.hillwood.com.
About Bay Valley Foods
Bay Valley Foods is a food manufacturer servicing primarily the retail grocery and foodservice channels. The products of Bay Valley Foods and its affiliates include non-dairy powdered coffee creamer; canned soup, salad dressings and sauces; sugar free drink mixes and sticks, instant oatmeal and hot cereals; macaroni and cheese, skillet dinners and other value-added side dishes and salads; salsa and Mexican sauces; jams and pie fillings under the E.D. Smith brand name; pickles and related products; infant feeding products; and other food products including aseptic sauces, refrigerated salad dressings, and liquid non-dairy creamer. Bay Valley Foods believes it is the largest manufacturer of pickles and non-dairy powdered creamer in the United States and the largest manufacturer of private label salad dressings, drink mixes and instant hot cereals in the United States and Canada based on sales volume. Bay Valley Foods LLC is a wholly owned subsidiary of TreeHouse Foods, Inc. (NYSE:THS). Bay Valley Foods owns all of the operating assets of TreeHouse directly or through Bay Valley Foods subsidiaries.
###