JACKSON CROSS PARTNERS ANNOUNCES THE SALE OF A 64,000 SF MANUFACTURING FACILITY IN ELYSBURG, PA
Elysburg, PA - February 2, 2009 - Jackson Cross Partners, LLC today announced the sale of the former Arrow Shirt Company building, a 64,000 SF manufacturing plant in Elysburg, PA. to the Toy Factory, a stuffed toy manufacturer founded in Texas in 1999.
The 64,000 SF manufacturing facility situated on 12.35 acres was utilized by CSS Industries Paper Magic Group in the production of their seasonal products.
Lou Battagliese and Nick Adams of Jackson Cross Partners in cooperation with Jeff Bower of Mericle Commercial Real Estate represented the seller CSS Industries. CSS Industries, Inc. a leader in designing, marketing, and manufacturing seasonal products including boxed Christmas cards, gift wrap, ribbons, bows, Valentine’s Day classroom-exchange cards, Easter egg dye kits, Halloween masks, makeup and accessories for customers ranging from mass merchandisers and chain drug stores to supermarket chains and party stores.
The Elysburg PA plant will join Toy Factory’s other two facilities in Texas and California. The company makes and distributes stuffed toys for amusement parks, carnivals and other entertainment venues. Toy Factory counts Knoebels Amusement Resort among its many clients.
Company president Mark Gawlik said “regionally, it’s located in good proximity to where our customers are”; adding the size of the facility and its proximity to Interstate 80 made it an ideal location. The plant will create about 30 new jobs. Gawlik also stated “we’re happy to be in the area, and looking to be a good corporate neighbor.”
Jackson Cross Partners – ONCOR International is a full-service commercial real estate brokerage and property management organization that is headquartered in King of Prussia, PA. The firm has more than 35 brokers and related service professionals located in King of Prussia, center city Philadelphia, Swedesboro, NJ, and Wilmington, DE. Jackson Cross provides Financing and Property Management Services through active partnerships with NorthMarq Capital and Fameco Management respectively. Through ONCOR International, the firm provides client services to over 220 markets worldwide.