Pennwood Commons Office Complex

• Planned Flex/Office Complex in RIDC Thorn Hill Industrial Park in Cranberry Township, PA

• Phase I will consist of a single-story flex-office building of approximately 50,000 SF on an 8 acre parcel.

Phase II with 8 additional acres can accommodate a similar building or one that can be connected to the Phase I building of 100,000 SF.

• Loan repaid in full in September 2010.

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