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In 2025, Genfor Real Estate executed 10 industrial transactions totaling more than 630,000 SF in the Cranberry market. These deals spanned both flex and warehouse assets and included a mix of landlord representation, tenant representation, and buyer representation assignments, underscoring our team's deep and active presence in this area.
Genfor Real Estate's 2025 Industrial Real Estate Transactions - Cranberry Submarket:
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150 Thorn Hill Road, Warrendale - 432,230 SF (Lease - Landlord Rep)
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410 Keystone Drive, Cranberry Twp - 89,814 SF (Lease - Landlord Rep)
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410 Keystone Drive, Cranberry Twp - 40,000 SF (Lease - Landlord Rep)
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545 Keystone Drive, Warrendale - 31,800 SF (Sale - Buyer Rep)
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230 Executive Drive, Cranberry Twp - 10,197 SF (Lease - Landlord Rep)
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761 Commonwealth Drive, Cranberry Twp - 8,668 SF (Lease - Landlord Rep)
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101 Thomson Park Drive, Cranberry Twp - 6,240 SF (Lease - Tenant Rep)
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260 Executive Drive, Cranberry Twp - 6,236 SF (Lease - Landlord Rep)
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230 Executive Drive, Cranberry Twp - 5,159 SF (Lease - Landlord Rep)
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230 Executive Drive, Cranberry Twp - 3,808 SF (Lease - Landlord Rep)
Cranberry - Current Market Dynamics
The Cranberry Industrial Real Estate Submarket continues to stand out as one of the Pittsburgh region’s most established and desirable industrial markets. Over time, it has evolved into a mature, land-constrained submarket with limited opportunities for new development, reinforcing the value of existing inventory and land.
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Newer Industrial Product Mix - Compared to other regional submarkets, Cranberry benefits from a relatively newer industrial and flex inventory. The area features a heavier concentration of modern, smaller-bay industrial product that commands higher rental rates. This contrasts sharply with nearby markets such as Beaver County and the Southern Submarkets, which are dominated by older, legacy manufacturing facilities that generally trade at lower rents.
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Distribution Centers - Cranberry is home to several large distribution center properties, further solidifying its role as a key logistics and light manufacturing hub within the greater Pittsburgh region.
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Market-Defining Lease Activity - In 2025, the Cranberry submarket recorded the largest non–build-to-suit industrial lease in more than a decade. EOS Energy Enterprises, a zinc-powered energy storage solutions provider, leased the entire 432,203-square-foot light industrial/distribution facility at 150 Thorn Hill Road, located within Thorn Hill Industrial Park. This transaction represents the largest new industrial lease to occur in an existing building in the region over the past 10 years and marks a highly impactful project for the Cranberry and broader Pittsburgh industrial market. Genfor Real Estate represented the building owner, McKnight Realty Partners, in this lease transaction.
- 2026 Outlook - Despite its land constraints, Cranberry remains a highly desirable location for owning and operating industrial businesses. Strong tenant demand, excellent highway access, modern inventory, and limited new supply continue to support the submarket’s long-term stability and appeal.
1214 Freedom Road, Cranberry Township, PA
- 32,800 SF freestanding light industrial building with 0.75 acre paved and secure lot
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Quality light industrial / showroom / warehouse / distribution space
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+/- 10,000 SF of finished space
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Two (2) dock doors & One (1) 12’ x 25’ drive-in door
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Excellent interstate access to I-79, I-76 (PA Turnpike) & Route 19 Cranberry Interchanges
Property Information - 1214 Freedom Road
If you are interested in learning more about 1214 Freedom Road or scheduling a tour, please contact:
Rich Gasperini, Principal
Genfor Real Estate
Cell: 412-651-6888
Direct: 412-564-0752
rgasperini@genforrealestate.com
Connor Jangro, Associate
Genfor Real Estate
Cell: 412-805-7064
Direct: 412-564-0776
cjangro@genforrealestate.com
