22 — September 2026 — Owners, Developers & Managers — M id A tlantic Real Estate Journal
www.marej.com
O wners , D evelopers & M anagers Activity includes industrial, cold storage, manufacturing and retail properties J.G. Petrucci completes 1M+ s/f of Q3 transactions and projects
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full fit-out by Iron Hill Con- struction Management. J. Eustace Wolfington with Newmark represented the tenant, and Jeff Lockard, Kevin Lammers and Maria Ratzlaff with JLL repre- sented the landlord. As part of the same joint venture, Freshpet will move into a 216,000 s/f cold storage facility later this year, its first dedicated cold storage facility. An undisclosed internation- al food manufacturer leased 156,000 s/f at 1025 Feather Way in Lehigh Valley Indus- trial Park VII in Bethlehem.
leased 70,000 s/f of class A warehouse space at 2500 Em- rick Blvd. in Bethlehem. Chad Hillyer with CBRE and Mi- chael Adams, SIOR, Sarah Finney Miller and Collin Holben with NAI Summit facilitated the transaction. Acquisition Petrucci acquired a 36,000 s/f office, warehouse and manufacturing facility at 2124 Avenue C in Bethle- hem. The property is oc- cupied by RCN Telecom Services, Inc. Jon Gelman with Gelcor Real Estate facilitated the transaction. The firm also acquired a 50,593 s/f office and lab property at 7150 Windsor Dr. in Allentown, occupied by Mérieux NutriSciences. Mat- thew Blumberg with JLL facilitated the transaction. Renewals Rodon Limited Partnership renewed its lease for 50,000 s/f at 2990 Bergey Rd. in Hatfield. Jon Gelman with Gelcor Realty facilitated the transaction. Strahman Valves renewed its lease for 54,000 s/f of manu- facturing space at 2801 Ba- glyos Circle in Bethlehem. Bill Wolf with CBRE facilitated the transaction. Curaleaf also renewed its lease at 1440 Manheim Pike in Lancaster. Projects Delivered J.G. Petrucci and Iron Hill completed a $10 million renova- tion of The Palace at Somerset Park in Somerset, NJ. The 72,000 s/f event complex was originally delivered by Petrucci and Iron Hill in 2005. Reno- vations included new indoor/ outdoor pavilions, bride and groom suites and updates to the ballrooms and cocktail spaces. An 80,522 s/f industrial facil- ity was completed for an undis- closed client at 100 Commerce Lane in Easton, PA. Petrucci and Iron Hill also delivered a 71,300 s/f gnocchi manufacturing plant in Allen- wood, PA, for Il Pastaio. The $12.5 million facility marks the Italian company’s expansion to the U.S. and is expected to sup- port 74 full-time jobs. In August, Bosch Rexroth celebrated the grand opening of a 50,000 s/f logistics center at its Bethlehem industrial hydraulics campus. The ex- pansion features an advanced AutoStore system designed to increase distribution capabilities. MAREJ
SBURY, NJ — J.G. Petrucci Company, Inc. (Petrucci) had over 1 million s/f of activity in Q3 2026 across new leases, acquisitions, renewals and projects delivered, spanning manufacturing, cold storage, distribution and retail. New Leases An undisclosed food manu- facturer will occupy 62,112 s/f at 757 Hellertown Rd. in Bethlehem, PA, within Lehigh Valley Industrial Park VII. The warehouse is under con- struction in joint venture with BGO, with delivery expected
Brian Wilson with Resource Realty represented the tenant, and Vincent Ra- nalli, Ryan Barros, Tony Gruenling, Leah Baler- no, Kevin Kelly and An- drew Belcher with CBRE represented the landlord. Two tenants leased space at 539 Jacksonville Rd. in Warm- inster, bringing the 112,000 s/f building to full occupancy. Lowe Rental Inc. will occupy 48,500 s/f, and Innotech Laser will occupy 17,000 s/f. Sean Durkin and Frank Roddy with Roddy, Inc. facilitated the transactions. An undisclosed tenant
1025 Feather Way in Bethlehem
this fall. The tenant will use the space for cold storage and assembly operations, with a 539 Jacksonville Rd. in Warminster
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