Fleetwood Fixtures, a manufacturer of displays for high-end retailers, signed a lease to occupy space in an industrial building in Hamburg Logistics Park in Perry Township.
The manufacturer, based in nearby Ontelaunee Township, will move from its corporate headquarters at 225 Peach St., into the new 128,000 square foot space by the end of next month.
Fleetwood Fixtures started moving some of its employees from its larger 375,000 square-foot-building in Ontelaunee Township into its smaller space at 111 Logistics Drive in Hamburg Logistics Park, confirmed Todd Heine, principal of Avison Young, a Chicago-based private equity advisory group.
Heine said the firm should be done by March.
Once the company fully moves into the new site, it will close the Ontelaunee Township location at 225 Peach St.
“As business changes, that was not the most efficient layout they had,” Heine said.
Heine and Nick Esposito, principal of Avison Young, represented Fleetwood Fixtures in the transaction. Heine said he and Esposito also collaborated with Brian Knowles, principal of Lee & Associates of Eastern Pennsylvania, to find and secure the tenant.
“The goal was to get them into a more modern, smaller, more efficient footprint,” Heine said.
Hamburg Logistics Park, a 3 million square foot project, is a joint venture developed by MRP Industrial, based in Baltimore, and Hillwood Investment Properties, based in Dallas.
D. Reid Townsend, principal of MRP Industrial, said the first building in the park is 336,000 square feet and Fleetwood Fixtures will occupy part of it.
The second building, which will be 1.2 million square feet, is under construction and should be finished in June, he said. Construction on the third building, at 324,000 square feet, should begin this spring.
Fleetwood manufactures displays that incorporate wood, metal, glass, electrical components and fabrics. The company also has facilities in New York, Chicago and China.