6C — November 13 - 26, 2015 — PA’s Premiere Available Properties — M id A tlantic
Real Estate Journal
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PA’ s P remiere A vailable P roperties
R. S. Mowery & Sons, Inc. is the general contractor for the project Dermody Properties and PCCP Break Ground on 475,800 SF Facility in Eastern Pennsylvania
orks Township, PA — Dermody Proper- ties , a national indus- trial development and operat- ing company headquartered in Reno, NV., and PCCP , an integrated real estate finance and investment management firm, recently broke ground on a 475,800 s/f industrial facil- ity at 4200 E. Braden Blvd. in Forks Twp. The facility, known as Logis- tiCenterSM at 33, is centrally located in the heart of the Le- high Valley near such corporate neighbors as Weyerhaeuser, Crayola, Victaulic and Mon- delez, and is within minutes of I-78 and Rte. 33 via the new F
4200 E. Braden Blvd. in Forks Twp.
Main Street interchange just west of the site. Dermody Properties and PCCP broke ground at the site on October 29, and expect con- struction to be complete in mid- 2016. Upon completion, Logis- tiCenterSM at 33 will feature 36 feet of clear height, 226 car parking spaces and 85 trailer parking spaces. R. S. Mowery & Sons, Inc. is the general contractor for the project, and the firm of Randall Paulson is serving as the project architect. The building is scheduled to be completed and ready for occu- pancy by summer 2016. “LogistiCenterSM at 33 will be our fourth development in the Lehigh Valley,” said Gene Preston, partner, Dermody Properties East Region Office. “The addition of the new Rte. 33/Main St. interchange made this particular site an ideal location for warehouse, manu- facturing and distribution op- erations. We are excited to be breaking ground on another project in the Lehigh Valley.” Dermody Properties is the industrial developer and oper- ating partner, and PCCP is the financial partner on the project. “PCCP sees this as a compel- ling opportunity to develop a Class A industrial facility with Dermody Properties, a best- in-class developer,” said John Randall , managing director with PCCP. “Additionally, the local industrial market incor- porates all of the key funda- mentals that promise to attract large user interest. Our goal is to pre-lease the property prior to completion of construction.” “We are pleased to con- tinue our growth in this im- portant logistics market and to expand our relationship with PCCP,” said Douglas Kiersey, Jr. , president, Dermody Properties. n
5210 Jaindl Boulevard Bethlehem, PA
II BETHLEHEM, PA
1 st Quarter 2016 Delivery >> 252,000 SF AVAILABLE <<
>> 101,000 SF IMMEDIATELY AVAILABLE << >> AT 4270 FRITCH DRIVE <<
FOR INFORMATION, CONTACT:
William Wolf Executive Vice President T +1 610 398 7175 bill.wolf@cbre.com www.cbre.com/bill.wolf Licensed: PA Licensed Salesperson: NJ
Sean M. Bleiler Senior Vice President T +1 610 398 3409 sean.bleiler@cbre.com www.cbre.com/sean.bleiler Licensed: PA
CBRE Inc. 1275 Glenlivet Drive, Suite 320
Allentown, PA 18106 T +1 610 398 6900 F +1 610 398 7815
www.cbre.com/allentown Licensed Real Estate Broker
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