18A — December 11 - 23, 2015 — Pennsylvania — M id A tlantic
Real Estate Journal
www.marejournal.com
P ennsylvania
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Increasing its residential presence to 600 units in the area Larken Associates adds 108 more units to Lehigh Valley B ETHLEHEM, PA — Larken Associates r e c ent l y acqu i r ed the parking lot, replacing the sidewalks and upgrading the landscaping.
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Economic development is driven by the brokerage community. Advertising in the Mid Atlantic Real Estate Journal puts our properties directly in front of the people who make deals happen.
on-site laundry facilities. “Bethlehemhas experienced a renaissance over the past decade that keeps attracting people to the area,” said Da- vid Gardner , president and CEO of Larken Associates. “By distinguishing ourselves from our competition, both with a new name and upgrades to the complex, we know we can provide a product that those looking to live in this area can be proud to call home.” River Run Apartments is located close to Lehigh University and Moravian College. It is also nearby to Bethlehem’s Historic Down- town offering cultural, shop- ping and dining options. n
New flooring and lighting will be installed, paint will be refreshed in all hallways and units as they become avail- able and all in-unit appliances will be upgraded in newly renovated units. New common laundry facilities will be built in each of the six buildings, and all heating and air condi- tioning will be upgraded.
Sherwood Apartments, a 108- unit multifamily community at 1520 Irene St. in Bethle- hem, increasing its residential presence in the Lehigh Valley to more than 600 units. The developer has an ag- gressive redevelopment plan for the property that includes rebranding it to River Run Apartments, and opening an on-site leasing office as well as providing on-site 24-hour maintenance support. Physical improvements in- clude installing entrances with security locks and new roofs, repaving and lining PHILADELPHIA, PA – Equity Retail Brokers agents Rich Zeller , Brian Wherty and Rob Samtmann recently represented Star- bucks in leasing a 3,000 s/f endcap with a drive-thru in Philadelphia. The drive-thru accessible endcap is located in a 3-tenant strip center, joining retailers Boston Market and Saladworks. The center lies directly across the street from Federal Realty’s 295,000 s/f
Jim Cummings Mericle Commercial August 2015
To Advertise in the Pennsylvania Section of the Mid Atlantic Real Estate Journal, Contact Alissa Aronson at aaronson@marejournal.com or Call 781.871.5298 x212
River Run Apartments con- sists of one- and two-bedroom apartments with rents be- tween $776 and $971 per month including water, sewer, gas, basic cable and trash pick-up, as well as use of the Equity Retail Brokers represent Starbucks in leasing 3,000 s/f
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Serving building owners, developers, real estate professionals, and architects since 1953.
Bala Cynwyd Shopping Cen- ter. Equity Retail Brokers cur- rently represents Starbucks in
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