Real Estate Journal — The Best of 2018 — March 29 - April 11, 2019 — 9C
www.marejournal.com
M id A tlantic
The LARGEST LAND SALE of 2018
Colliers International-PA One Red Lion Rd. Philadelphia, PA
Bennett Williams Commercial Campbell Rd. New Freedom, PA
NAI Summit 157 Commerce Park Dr. Bethlehem, PA
Brian Parrish
Size: 62 Acres Broker: Brian Parrish
Jay Haines
Campbell Rd. was a 62 acre dairy farm located just over the MD line in Shrewsbury, PA. The property was sold to a Lancaster County -based builder in December of 2018. The site is conveniently located near I-83. Zoning for this parcel is Rural Residential Receiving (RRR) which allows Building Rights from surrounding agricultural land to be transferred onto to this site to increase development density. The seller, Dun Management LLC gained the approval for 80 Residential Building lots from Shrewsbury Twp. in the end of 2018.
Size: 28.5807 Acres Broker: Jay Haines
Richard Gorodesky
Jeff Algatt
NAI Summit’s Jay Haines represented the owner, Mary Ellen Racz, in the sale of 28+ acres located at 157 Commerce Park Dr. in Lower Nazareth, PA to Wind-Drift Development. The light industrial site sits directly off Route 33 and includes level topography, an existing water line, high traffic counts, excellent visibility and flexible commercial zoning.
Size: 137.50 Acres Brokers: Richard Gorodesky, Jeff Algatt
Colliers facilitated the sale of this significant land site for owner TEVA, one of the largest remaining in the City of Philadelphia, for a sum of $18 million. The site has a deep history and many know it as the location of the former Budd Co. Factory. The purchaser will pursue warehousing and distribution uses for the site which can accommodate 1.8 million s/f of development.
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COMMERCIAL LAND
INDUSTRIAL/FLEX SUITES
UNDERGOING FULL RENOVATIONS
DEVELOPMENT OPPORTUNITY
13+ Acres in professional business park setting Ideal for single or multi-bldg development 2992 Corporate Court, Orefield
4,400 & 19,200 SF suites with office area 20’ ceiling height • Dock & drive in doors Lehigh Valley Business Ctr, Allentown, PA
Class A suites ranging in size up to 10,000 SF Glass atrium lobby • Updated common area 236 Brodhead Road, Bethlehem, PA
193+ acres • Ideal for single family homes Excellent schools and area demographics 3625 & 3443 Shankweiler Rd, Allentown, PA
OFFICE/RETAIL AVAILABLE
WITHIN OPPORTUNITY ZONE
CLASS A SUITES FOR LEASE INDU TRIAL/FLEX BUI DING
CLASS A SUITES FOR LEASE LA S A OFFICE BUI DING
936, 1,729, 2,307 & 2,309 SF Office suites High residential area • Ample parking Bethlehem Medical Arts Ctr, Bethlehem, PA 20,000± SF Class A office for sale or lease Highly visible with high traffic counts 4001 School House Lane, Center Valley,
New 15,000 - 50,000 SF Office/retail for lease Two 1+ AC pad sites on busy main road Lehigh Hills, Route 100, Fogelsville, PA
936, 1,729, 2,307 & 2,309 SF Office suites High residential area • Ample parking Bethlehem Medical Arts Ctr, Bethlehem, PA 53,700 SF Class A industrial building 2,000 SF offic area • Dock & drive in doors 2650 Milford Sq, Quakertown, PA
Four ind. bldgs totaling 18,320 SF on 19+ acres Separate electric services • Five lg drive in doors 100 Commerce Drive, Hazleton, PA
GREATER LEHIGH VALLEY’S PREMIER FULL SERVICE COMMERCIAL REAL ESTATE FIRM SALES/LEASING PROPERTY MANAGEMENT BUILDING SERVICES INVESTMENT SERVICES
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