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Real Estate Journal — Pennsylvania — February 9 - 22, 2018 — 3C

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M id A tlantic

P ennsylvania Velky Brands opens fulfillment center in CenterPoint East Mericle’sBesecker coordinates 80,880 s/f lease transaction J ENKINS TOWNSHIP, PA — Velky Brands, LLC a Houston based national

The Howard Hanna /Frederick Group brokers $2.1million sale

At Eighth” located at 128N 8th St. Allentown situated in the heart of the Allentown redevelopment zone. Ken Palumbo was the sales agent representing both the seller Nicpet Re- alty LLC of New Jersey and the buyer, 128 North 8 LLC located in New York. The purchase price was $2.1 million. n has completed for Access Ser- vices in Bucks and Montgom- ery Counties. “It was a pleasure repre- senting my long-time client in finding them another ideal location in Eastern Pennsylva- nia,” said Charokopos. n

Ken Palumbo ALLENTOWN, PA — T he How- ard Hanna /Frederick Group was the broker involved in the sale of a 48,000 s/f multifamily mi xed us e building known as “Versailles PLYMOUTH MEETING, PA — NAI Mertz announced Zena Charokopos completed a 6,874 s/f lease on behalf of her client, Access Services, at 4070 Butler Pike, Plymouth Meeting. This is the fifth transaction that Charokopos

e-commerce retailer, has expanded in Penn s y l v a - nia by open- ing a fulfill- ment center in 80,880 s/f leased from Mericle Com-

NAI Mertz’s Charokopos inks 6,874 s/f lease

275-287 CenterPoint Boulevard

Besecker

the U.S. Postal Service, and Mericle’s speculative building programwill no doubt continue to attract companies like Velky Brands well into the future,” said Mikitish.

CenterPoint Commerce & Trade Park was developed by Mericle Commercial Real Es- tate Services. The park is home to 47 tenants that together em- ploy more than 5,300 people. n

mercial Real Estate Services at 275 CenterPoint Blvd.in Cen- terPoint Commerce and Trade Park East. An affiliate of Velky Brands, Corporate Support and Fulfill- ment, LLC will use the space to distribute products for two of Velky’s recognized inter- net brands, RTIC Coolers and CheapCheapMovingBoxes.com. RTIC Coolers is a online direct-to-consumer retailer of roto-molded coolers, soft-sided coolers, and stainless-steel drinkware. Velky Brands, LLC was founded by twin brothers John and Jim Jacobsen and employs more than 120 people. The com- pany is based in the Houston suburb of Cypress, Texas and operates fulfilment centers in Houston, Atlanta, Chicago, Fresno, and now CenterPoint. “Velky’s e-commerce business continues to grow, and with it the demand for increased distribution and fulfillment operations,” said Jim Jacobsen, Co-CEO of Velky Brands, LLC. “Our new Pennsylvania facil- ity will be a key factor in the growth of rticcoolers.com and cheapcheapmovingboxes.com, and we are pleased to be able to invest resources and create jobs in Greater Pittston.” Mericle VP Bob Besecker coordinated the real estate transaction. Besecker said Mer- icle finds Velky Brands’ rapid growth very appealing. “We think we are a good fit for the company,” said Besecker. “We have just the type and size of space Velky needs today and perhaps more importantly, we have space within our Center- Point portfolio to accommodate the company’s future needs.” Greater Pittston Cham- ber of Commerce executive director Michelle Mikitish said Velky Brands’ decision further solidifies CenterPoint as a prime location for com- panies specializing in e-com- merce. “CenterPoint’s immedi- ate interstate access, its close proximity to FedEx, UPS, and

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