12C — January 17 - 30, 2014 — Pennsylvania — Mid Atlantic Real Estate Journal
www.marejournal.com
e astern Pa
Kda signs 430,555 s/f in 2013 erty; and a 38,916 s/f renewal for Taig.
Boyle Construction utilizes location for storage & whse. Feinberg RE advisors facilitates 12,000 s/f lease
PhiLadELPhia, Pa — Joe Viturello , a VP at PernaFred- erick represented ADR North American L. P., in extending a lease for 6,610 s/f on the 14th floor of 121 South Broad that is occupied by Gerolamo McNulty Divis & Lewbart. Michael Gallagher , a bro- ker with the FlynnCompany, cooperated with PernaFreder- ick and represented the tenant in finalizing the terms of the renewal. In the second renewal at 121 South Broad, Viturello was One of the firm’s Pennsyl- vania properties at 4700 Wis- sahickonAve. in Philadelphia had 388,000 s/f in new and renewed leases signed during 2013. Notable deals at the building include the 184,128 s/f renewal for The City of Philadelphia; an expansion for RHD, which will now oc- cupy 78,741 s/f at the prop- PhiLadELPhia, Pa — Kalmon dolgin affili- ates, inc. (Kda announced the completion of 1,387,223 million s/f of new leases and renewals in 108 deals signed throughout 2013.
the sole agent who extended a lease for Educational Testing Service that occupies 1,743 s/f on the 17th floor In the third renewal, Vi- turello represented 1608 Wal- nut Street Associates, L. P., in the extension of a lease for 2,259 s/f of office space on the 11th floor of the 19-story building that is occupied by Univision. adriano Calvanese , a bro- ker with CBRE , represented Univision in finalizing the terms of the renewal. n At KDA’s other Pennsylva- nia property, The Spring Mill Corporate Center at 1100 E. Hector St. in Conshohocken, 42,555 s/f in renewals and new leases were signed dur- ing the year. Highlights in- clude a 12,592 s/f expansion for Connolly, a consulting firm; a 9,141 s/f renewal and expansion for Rex Medical, an innovative medical device manufacturer; and a 3,750 s/f new lease for Softgate Solutions, a retail payment exchange. n
A
LLEnTOWn, Pa — Feinberg Real Estate advisors ,
LLC recently completed a 12,000 s/f off- market ware- house lease at 1001 East Highland in Allentown for Boyle Con- s t ruct ion, inc. “We’ve been
Cindy McDonnell Feinberg
1001 East Highland
Viturello of PernaFrederick closes three leases aggregating 10,500 s/f
Boyle Construction, Inc. is one of the greater Lehigh Val- ley’s most respected construc- tion management and design- build firms. Since its founding in 1977, Boyle’s strong reputa- tion for hands-on service and quality has gained them a high percentage of repeat clients. Sunburst Property Manage- mentis a full service property management andmaintenance for commercial and residential residents and tenants. About Feinberg Real Estate Advisors: Backed by an expe- rienced, high-energy team, Feinberg Real EstateAdvisors
specializes in commercial and industrial brokerage, invest- ment sales, development con- sulting, government relations, real estate law, real estate clos- ings and real estate title insur- ance throughout the Lehigh Valley. The firmhas experience with Tax Increment Financing (TIF), Allentown’s Neighbor- hood Improvement Zone (NIZ), Keystone Opportunity Zones (KOZs) and brownfield rede- velopment. The principals use their knowledge and expertise to help investors, sellers, buy- ers and tenants achieve their real estate goals. n
looking for a convenient Lehigh Valley warehouse location for over a year.” said sean Boyle , president, Boyle Construction Inc. “This new location will allow Boyle to consolidate our storage and warehouse needs in one central Lehigh Valley location.” Cindy Mcdonnell Fein- berg with Feinberg Real Estate Advisors, LLC rep- resented the tenant, Boyle Construction, Inc. and the landlord, sunburst Prop- erty Management , in the transaction.
F ULL S ERVICE R EAL E STATE O WNERSHIP & D EVELOPMENT
F OR S ALE OR L EASE
3400 H IGH P OINT B OULEVARD L EHIGH V ALLEY C ORPORATE C ENTER —B ETHLEHEM , PA 28,564 SF Class “AA” Offices built in 2002 single-story brick & glass construction, expandable, can be subdivided. Prime architectural elements. Off Schoenersville Road & Route 22, moments to downtown Bethlehem, Allentown, Lehigh Valley Int’l Airport. Malls, shopping, restaurants, day care and endless local amenities. 1655 V ALLEY C ENTER P ARKWAY L EHIGH V ALLEY C ORPORATE C ENTER —B ETHLEHEM , PA 8,800 SF in Move-In Condition just across Route 22 from L EHIGH V ALLEY H OSPITAL . Single story, multi-tenant brick office building with a large percentage of glass. Parking ratio: 4.6:1000. Fiber and T-1 line up to DS3 available. 120 / 208 Volt Electric Service. Space outfitted with finishing touches to meet needs of medical service providers — private restrooms within suite. Contact Dan Maguire, (610) 668-2540 x222 Dan@MaguireAndPartners.com
F OR L EASE
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