Real Estate Journal — Pennsylvania — February 8 - 21, 2019 — 5C
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Capobianco, SIOR of Markward Group, represents both buyer and seller J.G. Petrucci announces two recent acquisitions in the Lehigh Valley
ETHLEHEM, PA AND ASBURY, NJ — J.G. Petrucci Co., Inc. , one of the region’s leading develop- ment and design/build firms, recently announced the acqui- sition of two properties in the Lehigh Valley. 2147 Avenue C, located in the City of Bethlehem, is a 32,000 s/f industrial flex building with a secure, gated, storage yard and excellent access to all major roadways. Mike Capobianco, SIOR of Markward Group , represented both the buyer and the seller in the transaction. In Forks Township, J.G. Pe- trucci purchased a 6.6-acre site that is ideal for small industrial flex users seeking easy access to New Jersey. The property is located less than two-miles from the Charles Chrin Inter- change and just minutes from New Jersey. J.G. Petrucci has plans to construct a 55,000 s/f building at the property. The company has a wealth of experience developing proper- ties in Forks Twp. for food manufacturing users such as Bethlehem Sausage Works and Norac Group, USA. The company’s most recent devel- opment experience in Forks Twp. includes the design/build construction of a specialized B Markward Group executes sale of 38,348 s/f office bldg. BETHLEHEM, PA — Del Markward, SIOR president of Markward Group an- nounced the sale of a 38,348 s/f class ‘A’ office building on 7.09 acres; located at 90 Highland Ave. Ann Kline of Markward Group represented the seller, BB&T Bank. Matt Macdonald of Mark- ward Group represented the buyer, 90 Highland LLC. In a separate release, Mark- ward Group announced the sale of a 29,200 s/f industrial warehouse building situated on 2.5+/- acres located at 2811 Emmaus Ave. in Allentown for $1.4 million. Kline represented the seller, Keller Moving and Storage in the transaction. Chip Miers , managing director of Mark- ward Group represented the buyer S.J. Williams Family Partnership. Jack Williams Tire & Auto Service Center currently occupies office space in part of the building and plans to expand.
perlite manufacturing facility for Silbrico Corporation. Kelly Berfield and Ryan Dietrick of Colliers International represented both the buyer and seller in the transaction. “We have a long history of providing turn-key real estate solutions throughout the Le- high Valley and New Jersey,” said Jim Petrucci , founder and president of J.G. Petrucci Co., Inc. “As the region contin- ues to grow and attract busi- nesses, these strategic acquisi- tions will enable our company to offer clients an extensive menu of flexible properties available for lease.”
2147 Avenue C
FOR SALE
OPPORTUNITY ZONE !
FOR SALE
TIMBER POINT Woodbury, NJ 99 Apartments $9,650,000 FOR SALE
629 E. GIRARD AVE Fishtown - Philadelphia, PA 8 Apartments | 2 Retail $3,200,000 FOR SALE
WATERFRONT 1 Old City - Philadelphia, PA 27 Apts + Build 5 Add. Units | 1 Retail UNPRICED
OPPORTUNITY ZONE !
OPPORTUNITY ZONE !
DEVELOPMENT SITE S. Kensington, Philadelphia, PA Build 42 Apartments + Retail $2,300,000 FOR SALE
ROXMAN BUILDING Manayunk- Phila, PA 9 Apartments| 9,000 SF Retail $2,800,000 FOR SALE
FOR SALE
DEVELOPMENT SITE Kensington, Philadelphia, PA Build 32 Units or Purchase Fully Built and Leased!
OPPORTUNITY ZONE !
FOR SALE DEL CAMPO Northern Liberties - Phila, PA 33 Apartments | 3 Commercial $13,000,000
BOONE LOFTS Northern Liberties - Phila, PA 45 Loft-Style Apartments $10,700,000 FOR SALE
WEST VILLAGE Mill Creek/W. Philadelphia, PA 86 Townhome Apts. w/ Parking $31,000,000 FOR SALE
Ca l l ( 215 ) 454 - 2852 for a FREE Proper t y Va l uat i on ! Additional Information and Listings Available on Our Website: www.rittenhouserealty.com
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For information visit www.RittenhouseRealty.com or call (215) 454-2852
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