S hopping C enters P ennsylvania featuring C entral & W estern PA www.marej.com Mid Atlantic Real Estate Journal — Pennsylvania — November 13 - December 10, 2020 — 17B Wren Kitchens to open manufacturing facility in Hanover Township Besecker of Mericle Commercial Real Estate Services coordinates 252,000 s/f lease


the company was named the best retail place to work in the UK by the world’s number one job site Indeed.com. The company has been recognized many times for the quality of its products and installation services within the furniture and kitchen industries.” Rob Mericle said he is looking forward to Wren bringing its expertise and positive corpo- rate culture to Northeastern Pennsylvania. “The project has the potential for significant job creation,” Mericle said. Mericle thanked the Office of International Business De- velopment, Pennsylvania Gov- ernor’s Action Team, and Ha- nover Township for their help with the project. Wico van Genderen, presi- dent and CEO of the Greater Wilkes-Barre Chamber of Com- merce, said the fact that a European company as promi- nent as Wren Kitchens chose Hanover Township for its first U.S. manufacturing and dis- tribution center, speaks vol- umes about the area’s rise as a preferred location for new business. “Any time a manufacturer of Wren’s status moves into a community, other companies

take notice, he said. Momen- tum drives a lot of economic activity” “There is the potential for local suppliers of goods and services to see a boost in their business, added van Gen- deren. Wren will likely gener- ate a lot of positive spin-off.” “ Penn’ s Northeast i s pleased to welcome Wren Kitchens to our region,” said Penn’s Northeast president John Augustine . “As Eu- rope’s # 1 kitchen retailer and manufacturer, Wren could have located their new facil- ity anywhere in the US but because of our strategic loca- tion, access to markets, strong work ethic, and affordable and reliable utilities, the company chose to join the growing list of International companies that has located in Northeastern PA.” “Penn’s Northeast congratu- lates our regional economic development partners – PA’s Department of Community & Economic Development and our members – especially Mericle Commercial Real Es- tate Services, for their success in attracting another grow- ing manufacturer to NEPA,” added Augustine. MAREJ

ANOVER TWP., PA — Europe’s number one kitchen retail spe-

cialist, Wren Kitchens, is opening its f i r s t U . S . m a n u f a c - turing facil- ity and office in Hanover I n d u s t r i a l Estates, Ha-

Bob Besecker

nover Twp., Luzerne County. The project is expected to create approximately 360 jobs. The company has leased a 252,000 s/f industrial build- ing at 1070 Hanover St. from Mericle Commercial Real Estate Services where it will manufacture and distribute its kitchens and has also leased 10,046 s/f of office and call cen- ter space from Mericle at 1110 Hanover St.. The project was coordinated by Mericle, Pennsylvania’s Of- fice of International Business Development and Pennsylva- nia’s Governor’s Action Team. The real estate transactions were coordinated by Mericle vice president Bob Besecker . The 252,000 s/f building at 1070 Hanover St. had previously been occupied as a distribution

Wren Kitchens

center for many years by Sears. Besecker said Mericle’s con- struction crews have completed fitting out the interiors of 1070 Hanover Street and 1110 Ha- nover Street to Wren’s exact specifications. Wren plans to open several showrooms across the North- east, including one in North- eastern Pennsylvania. Wren believes the showrooms will inspire and enlighten Ameri- can homeowners with the use of 3D virtual reality to help bring dream kitchens to life, industry-leading kitchen de- sign tools, as well as inspira-

tional displays of hundreds of countertops, handles, storage solutions, appliances, faucets and sinks. “We’re excited to bring our vertically integrated model to the United States, the largest home improvement market in the world,” said a Wren Kitch- ens spokesperson. Mericle president Rob Meri- cle said Wren has received nu- merous awards in recognition of the quality of its UK products, manufacturing process, and retail showrooms. “Wren is highly regarded throughout Europe,” saidMericle. “In 2019,

Cindy McDonnell Feinberg, CCIM reps. Pony Partners, LP in 40,964 s/f industrial flex property sale

Distributors and Maripak AH Americas Headquarter. “We quickly placed the prop- erty under agreement as there were a large number of in- vestors looking for this type of investment,” said Cindy McDonnell Feinberg, CCIM, principal with Feinberg Real Estate Advisors. “We have a large database of investors and know these buyers well, so within a week of having the property ready to market we identified a buyer.” “Cindy quickly developed a plan for marketing the prop- erty and was very diligent about keeping me involved in the review of the investment prospects for this property,” said Stan Theodoredis, gen-

eral partner of Pony Partners, LP. “Her expertise, knowledge of the market and her atten- tion to detail, especially as it relates to an investment property, maximized our sale price,” said Theodoredis. “I was very happy with the re- sults Cindy produced.” About 7035 Schantz Road A 40,964 s/fflex building lo- cated in Upper Macungie Twp. with diverse variety of tenants. The property was 100% leased at the time of sale. Tenants in the building include Northeast Parts Group (NAPA), Toshiba Business Solutions, Lehigh Valley Sports Tuff, Spruce In- ternational, Sarene Craft Beer Distributors and Maripak AH Americas Headquarter. MAREJ

UPPER MACUNGI E TWP., PA — Feinberg Real Estate Advisors, LLC repre-

sented Pony P a r t n e r s , LP i n t he sale of 7035 Schantz Rd., a 40,964 s/f multi-tenant i n d u s t r i a l flex property in Upper Ma- cungie Twp.,

Cindy McDonnell Feinberg

Lehigh County. The property was sold for $3.825 milliono n September 30, 2020. Cindy McDonnell Fein- berg, CCIM of Feinberg Real Estate Advisors represented the seller, Pony Partners, LP. The buyer, 7035 LLC plans to

7035 Schantz Rd.

continue operating the proper- ty as a multi-tenant industrial flex building. The property, which was 100% leased at the time of sale has a great mix of

tenants including Northeast Parts Group (NAPA), Toshiba Business Solutions, Lehigh Valley Sports Tuff, Spruce In- ternational, Sarene Craft Beer

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