4A — January 15 - 28, 2016 — M id A tlantic
Real Estate Journal
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M id A tlantic R eal E state J ournal PFWeiss Realty reps. 911 Group LLC in office/flex space The FrederickGroup’s Cihylik, CCIM closes over $12.945m N azareth, PA — Ron Eichenberg , managing director,
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Stefan Cihylik, CCIM of The Frederick Group repre- sented the buyers, TCH Realty & Development Co., LLC in a $12.945 million transaction including the sale of 5415 Hamilton Blvd. (4.6 acres), 735 Krocks Ct. (12.29 acres), 5375 Hamilton Blvd. (1.46 acres), and 5285 Hamilton Blvd. (35.03 acres). The total 53.38 acres of commercial land, all located in Allentown, was formerly owned by the Roman Catholic Diocese and is soon to be Hamilton Crossing, featur- ing Costco, Whole Foods, and Target. Cihylik in cooperation with
Wendy Karopoulos , both of The Frederick Group, also represented the buyers, TCH Realty & Development Co., LLC, in a $1.65 million trans- action involving the sale of 5087 Hamilton Blvd. located in Allentown. The 7.78 acre parcel of commercial land was formerly owned by Kim Jon Chung Duk Suk Kim. Mary Beth Dolinich of The Frederick Group represented the sellers, Robert and Theresa Jurchenko, in the $950,000 sale of 4345 Independence Dr. in Schnecksville. Paul F. Weiss of PF Weiss Realty, LLC represented the buyer, 911 Group LLC in the pur- chase of this 19,344 s/f office/ warehouse/flex space. Eichenberg represented the sellers, Wescosville Real Es- tate Associates, in the sale of 682 N. Brookside Rd. Al- lentown. Chris Raad from Harvey Z Raad Realtors represented the buyers, Sky Brookside Investments LLC, in this $965,000 sale of a 21,000 s/f office building. Karopoulos represented both parties in the lease of the com- mercial retail building located at 100 S. Wyoming Ave. in Kingston. The new tenant of the y 48,528 s/f space, a na- tional auto parts store, signed a 15 year lease with the owner, Baxturmor, LLC for a total of $1,317,520. Carrie Ward of The Fred- erick Group represented the buyers, Red Letter Properties LLC, in the $975,000 sale of the property located at 210- 214 N. 6th St. in Allentown. George Raad of Harvey Z Raad Realtors represented the previous owners, United Raad & Balliet Investments, LP, in the sale of said property. Karopoulos represented the buyers, Parkway Donuts Inc., in the $525,000 sale of a prop- erty located at 1547 Lehigh St. in Allentown. In the $1.925 million sale of a property located at 1788 Vultee St., Dolinich repre- sented the buyers, Carpenters Join Apprenticeship & Train- ing Fund of Philadelphia & Vi- cinity. The property, listed by Stephen Bonge of Newark Grubb Knight Frank , was previously owned by Victaulic Company. In the $1.3 million sale of the property located at 6299 PA Rte. 309 in Heidelberg Twp., David Bodnar of The Fred- erick Group represented the buyers known as DDDT LLC. n
ann o un c e d The Freder- ick Group closed over $33 million in commer- cial sales and leases dur- ing the year 2015.
J.D. Parker Manhattan
Brian Hosey New Jersey (201) 582-1000 Bryn Merrey Washington, D.C. (202) 536-3700
(212) 430-5100 Brenton Baskin Philadelphia (215) 531-7000
Ron Eichenberg
Doug Frederick of The Frederick Group represented the sellers in the $1.45 million sale of an 18.26 acre parcel located at 730 Bangor Rd. in Nazareth.
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