C Back Cover — September 13 - 26, 2019 — Pennsylvania — M id A tlantic
Real Estate Journal
www.marej.com
MOVE TO NEPA MOVE TO PA’S I-81 CORRIDOR AND $AVE MILLIONS! SCRANTON I PITTSTON I WILKES-BARRE I HAZLETON
UP TO 1,023,000 SF 200 TECHNOLOGY DR. I JENKINS TWP., PA • One (1) Mile from I-81, I-476 • 10-Yr., 100%R.E. Tax Abatement on Imp. • Cross-dock loading with 198 doors • 36’ to 45’ ceilings, 7” reinforced floor • 50’ x 50’ column spacing; 60’ at speed bays
UP TO 702,000 SF 460-480 RESEARCH DR. I PITTSTON TWP., PA • One (1) mile from I-81, I-476 • 10-Yr., 100%R.E. Tax Abatement on Imp. • Cross-dock loading with 69 doors • 35’8” to 41’6” ceilings, 7” reinforced floor • 50’ x 50’ column spacing; 60’ at speed bays • Clerestory windows • ESFR fire protection • 4000 AMP service; LED lighting • Parking for up to 236 trailers, 486 cars • $4.25 SF, NNN
UP TO 527,000 SF 100-170 PATRIOT DR. I PITTSTON TWP., PA • One (1) mile from I-81, I-476 • 10-Yr., 100%R.E. Tax Abatement on Imp. • Single-sided loading with 52 doors • 38’2” to 40’0” ceilings • 7” reinforced floor • 50’ x 50’ column spacing; 60’ at speed bays • ESFR fire protection • 800 AMP service (expandable); LED lighting • Parking for up to 135 trailers, 525 cars • $4.50 SF, NNN
UP TO 252,000 SF 1070 HANOVER ST. I HANOVER TWP., PA • Five (5) minutes to I-81 • 2,000 SF existing office area • Single-sided loading w/35 doors, 1 drive-in • 30’1” ceilings • Two (2) 800A, 277/480V, 3-phase services • 50’ x 40’ column spacing • Fenced loading area with guard shack • Abundant vehicle and trailer parking • LCTA Bus Route serves this park • Great labor draw area
• Clerestory windows • ESFR fire protection
• Up to (4) 4000 AMP services; LED lighting • Parking for up to 950 trailers, 833 cars • $3.99 SF, NNN
½MONTHOF FREE RENT FOR EVERY ONE (1) YEAR OF COMMITTED TERM, PLUS DISCOUNTED TENANT IMPROVEMENT INCENTIVES!
NEPA
NEW JERSEY BASE RENT ANNUAL TAXES $6.75 Sq. Ft. NNN $1.50 Sq. Ft. $8.25 Sq. Ft. Annual NEPA Savings Per 100,000 Sq. Ft. = $370,000
LONG ISLAND BASE RENT ANNUAL TAXES $9.50 Sq. Ft. NNN $3.65 Sq. Ft. $13.15 Sq. Ft. Annual NEPA Savings Per 100,000 Sq. Ft. = $860,000
$4.50 Sq. Ft. NNN $0.07 Sq. Ft. $4.57 Sq. Ft.
BASE RENT *ANNUAL TAXES
*Assumes building is located in a LERTA (tax abatement) zone.
HOUSING COST COMPARISON MODERN, FOUR-BEDROOM, 2,500 SQ. FT. HOME
AVERAGE ANNUAL WAGES
$36,620 $41,650 $56,800 $59,400 $70,000 $34,750 $41,610 $45,200 $58,200 $46,000 Manuf. Trans/Whse
$256,907 $538,694 $566,110 $686,599 $630,805 $4,577 $13,570 $12,971 $15,320 $13,765 Est. Purchase Price Est. R.E. Taxes
Northeastern PA Suffolk County, NY Middlesex County, NJ Nassau County, NY Bergen County, NJ
Northeastern PA Long Island, NY Middlesex County, NJ Essex County, NJ Mercer County, NJ
mericlereadytogo.com/newjersey mericlereadytogo.com/longisland
Call Bob Besecker, Jim Hilsher, or Bill Jones at 570.823.1100 today to receive your free, customized proposal!
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