Hennessy of COR Brokerage completes 496,200 s/f lease; Rupprecht of CBRE/Syracuse represents tenant - PaperWorks Industries

Orangeball, LLC and PaperWorks Industries have completed one of the largest industrial warehouse leases ever brokered in Central New York according to Dennis Hennessy, SIOR, vice president of COR Brokerage. PaperWorks Industries which is headquartered in Philadelphia Mills, PA has signed a long-term lease through 2032 for 496,200 s/f at 2900 McLane Dr. George Hicker, a former basketball star at Syracuse University and managing partner of Orangeball, stated that PaperWorks long-term commitment is a tremendous win for Syracuse. The Syracuse location is PaperWorks largest in North America and solidifies their presence in the area for many years to come. They currently employ more than 250 Central New York residents. Mark Rupprecht, of CBRE/Syracuse represented PaperWorks, who is considered a leading innovator in the production of specialized folding cartons and who serves clients across North America.