20A — January 2025 — Pennsylvania — M id A tlantic Real Estate Journal
www.marej.com
P ennsylvania
Larken Associates unveils new amenities at multifamily property
Mike Adams and Sarah Finney Miller represent seller NAI Summit brokers sale of former IQE building in EPA
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ETHLEHEM, PA — NAI Summit , based in eastern Pennsylvania
announced the sale of the former IQE build- ing located at 119 Tech- nology Dr. in Bethlehem. The proper- ty has been acquired by GfM Bre - man, a Ger- man-based c omp a n y specializing in the mi- cronization process for the phar- maceutical
The Oaks at Copper Chase
Associates. “Our investment into shared amenities is criti- cal in helping us build a strong sense of community among our residents to maintain high occupancy and retention rates across our portfolio.” The Oaks at Copper Chase offers a wide array of one, two and three-bedroom garden and garage-style apartments across 13 two-story buildings. Each unit is carefully designed to meet the needs of today’s tenants and features luxury LVT plank flooring in the main living areas, porcelain tile flooring in the bathrooms, solid wood shaker-style cabinets, in-home washers and dryers, quartz kitchen countertops and stainless-steel GE ap- pliances. Additionally, each garage apartment features a single-bay garage with direct unit access. The Oaks at Copper Chase is a key piece of Larken Associ - ates’ expansive York Cty. port- folio. The firm also owns and manages The View at Macken- zi, a 224-unit apartment com- munity located at 2035 Patriot St. and The Reserve at Copper Chase, a 132-unit multifamily complex located at 3145 Honey Run Dr. MAREJ
YORK, PA — L arken As- sociates announced the com- pletion of a new community amenity package at The Oaks at Copper Chase, a 13-build- ing, 107-unit luxury multifam- ily community located at 3145 Honey Run Dr. in York. Completed by Core Enter- prises , Larken Associates’ in-house construction division, the new amenities include a tot lot with sensory-sensitive playground equipment, a bark park with designated areas for large and small dogs, and newly cemented sidewalks. The new amenities further enhance the extensive list of offerings already available to residents of The Oaks at Cop- per Chase, headlined by the community clubhouse featuring a lounge/wet bar, library room, pet salon, parcel concierge, fireplace and kitchen. Just outside the clubhouse is a gated outdoor pool area with lounge seating, benches and tables; a covered outdoor pavilion; and a fitness center. “Community is among the most sought-after amenities for multifamily residents today,” said Jessica Heckman, ARM, CPM , director of Residential Asset Management of Larken
Mike Adams
119 Technology Dr. in Bethlehem
manufacturing, transitioned its Bethlehem operations to Greensboro, North Carolina in 2023 as part of its global consolidation strategy. The seller was represented by the NAI Summit brokerage team of Mike Adams and Sarah Finney Miller . “The infrastructure and location of this facility made it an ideal fit for another life sciences opera- tion,” said Mike Adams, senior vice president at NAI Summit. “GfM Breman’s decision to establish their U.S. headquar- ters here was influenced by the strength of the Lehigh Valley workforce, proximity to Lehigh
University and easy access to I-78.” The surrounding area is home to prominent manufac- turers such as OraSure and the technology incubator Ben Franklin Technology Partners. GfM Breman, a leading Con - tract Manufacturing Organiza- tion (CMO) renowned for its GMP Micronization and Mill- ing services in the pharmaceu- tical and chemical industries, will utilize the Bethlehem facility for its first U.S. opera - tions. The company serves a global clientele and is known for its cutting-edge equipment and technology. MAREJ
Sarah Finney Miller
industry. They will utilize the facility for their first US operations. The building, which sold for $5.525 million features 32 clean rooms, warehouse space, office area, a machine shop, and generator backups—ame- nities highly sought after by life sciences companies. IQE, a global leader in semiconductor
Urban Edge Properties adds The Picklr to portfolio
BROOMALL, PA — Urban Edge Properties announced that it has signed The Picklr, North America’s fastest grow- ing indoor pickleball fran- chise, for a 42,073 s/f facility at Broomall Commons. The property is now 100% leased. This active concept pairs well with the essential resources represented at the center and creates new compelling rea- sons for multiple weekly visits. Broomall Commons will be the second Pennsylvania location for the company. “The Picklr brings a high- demand use to Broomall Com - mons and we expect the in- creased foot traffic will benefit all of our tenants,“ said Justin Lustig , VP of Leasing at Urban Edge. “This is the first pickle - ball club in Urban Edge’s port- folio and we believe that as the concept grows nationally, we will see more facilities opening at our well-located properties.“ The Picklr offers profession- al-grade outdoor surfacing, onsite snacks and drinks, and access to free leagues, tourna- ments and clinics. Additionally, players can also find retail such as apparel and equipment. Broomall Commons is a
Campbell Commercial Partners facilitates sale of 7.93 acres in Jonestown, Pennsylvania
air hammer rock drilling, ROW Access for utilities, temporary and permanent
JONESTOWN, PA — Shirley Ayr Real Estate, LLC has purchased 7.93
The Picklr
bridging, land clear- ing, erosion and sedi- ment con- trol installa- tions, hydro- excavation, substation civil work
+/- acres in Jonestown, Pennsylva- nia, north of Lebanon. The land and office will be used to sup- port the op- erations of
neighborhood-oriented retail destination located in the heart of Broomall, a western suburb of Philadelphia. With easy access from the West Chester Pike (Rte. 3) and the Blue Rte. (Rte. 476), Broomall Commons also offers Amazon Fresh, Nemours Childrens Health, PetSmart and Pep Boys, along with the commu - nity’s popular Planet Fitness location. Joe Dougherty & Pat Gal- lagher of Metro Commer- cial Real Estate represented Urban Edge in this transaction.
The Picklr was represented by Steve O’Malley of CBRE . At The Picklr, pickleball is more than just a sport; it’s a lifestyle that fosters com- munity, competition, and fun. With nearly 200 state-of-the- art clubs, professional coach- ing, and a vibrant atmosphere, The Picklr offers an unparal- leled pickleball experience for players of all skill levels. All locations provide professional- grade outdoor surfacing, best- in-class technology, and access to free leagues, tournaments, and clinics. MAREJ
Larry Kostelac
Art Campbell
and a variety of other ser- vices tailored to the utility and drilling industries. Art Campbell & Lar- ry Kostelac of Campbell Commercial Partners rep- resented the buyers in the transaction. MAREJ
D&A Grove Construction, LLC, a WBENC-certified, IBEW signatory civil contrac- tor. D & A Grove construc - tion, LLC, which is owned by Michele Snyder Grove and Alex Grove, specializes in caisson foundation drilling,
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