Industrial Realty Group, LLC (“IRG”), one of the country’s largest owners of commercial and industrial properties, and PREP Funds, a dedicated real estate fund management and advisory firm, in partnership have acquired Washington Crown Center, a mall located in North Franklin Township/Washington County, Pennsylvania. The 450,000 SF project has been rebranded Franklin Crossroads Park. The ownership team will be redeveloping the property through a conversion of the former mall and department store space to create a mixed-use hub and multi-tenant business park campus. The development will expand the property's retail and commercial use to offer light industrial, warehousing, advanced manufacturing, research and development and flex spaces tailored to meet the evolving needs of today's businesses. Strategically located within the greater Pittsburgh market with direct access to I-70, this redevelopment project is set to create a dynamic and thriving center of industry and commerce and drive long-term growth for the Washington, PA area. Renovated and improved industrial suites will be available for lease in late Spring / early Summer of 2026.