12A — June 24 - July 14, 2016 — M id A tlantic
Real Estate Journal
M id A tlantic R eal E state J ournal
The Kutztown Publishing Company signs a 16,935 s/f lease Denholtz Associates announces full occupancy at Lehigh Valley industrial bldg. U
The property’s strategic loca- tion offers immediate access to I-78, just west of the I-78 and the Northern Extension of the Pennsylvania Turnpike interchange. The building fea- tures ample tailboard loading facilities, optimally designed bay spacing in the warehouse portions of the building as well as close proximity to PA 33 & 309, shopping, hotels and oth- er commercial developments. “Our specialization in multi- tenant industrial buildings means that we are always looking for small-to-mid-sized established tenants with a need for quality space and
PPER MACUNGIE, PA — Denholtz As- sociates , a privately held, fully integrated real es- tate development, investment and management company, has announced that The Kutz- town Publishing Company has signed a 16,935 s/f lease at its Upper Macungie flex- industrial property located at 7036 Snowdrift Rd. The trans- action brings the property to full occupancy. 7036 Snowdrift Rd. is an exceptional quality, 98,291 s/f office/industrial building located on 8.47-acres in the Iron Run Business Campus.
7036 Snowdrift Rd.
working with them to make sure the space suits their specific needs,” said Kristine Hurlbut , senior vice president of leasing at Denholtz Associ- ates. “Kutztown Publishing
is a successful, family owned print communication corpo- ration with over 135 years of service who can use this well-located flex-industrial space as an asset to continue
growing their business. What sets Denholtz apart from our competition is our substantial in-house capabilities which make our risk-adjusted multi- tenant strategies a success.” n The Feil Org. signs three office leases totaling 24,791 s/f
NEWYORK, NY — After a major façade and lobby ren- ovation that has recently b e e n c om - pleted at 853 B r o a d w a y , three new of- fice tenants have inked
long-term leases at the Union Square building complement- ing the neighborhood’s nu- merous financial, media and textiles companies. Brack Capital Group has taken the entire second floor of the building, totaling 8,815 s/f. Shaw Industries will oc- cupy the entire third floor with 7,963 s/f. Media iQ Digi- tal LTD will take the entire fourth floor with 8,013 s/f. The three new office firms join other building tenants that include Capital One Bank and MAC Cosmetics. The 21-floor 853 Broadway Land- mark building has recently undergone amajor renovation. The façade of the first five floors of the 157,000 s/f build- ing have been remodeled with glass curtains on four levels, and a full lobby renovation also has been completed. Owned by The Feil Orga- nization , 853 Broadway is in the heart of one of the most vibrant, rapidly growing cor- ridors in the city’s commercial district in Union Square. The area features a host of des- tination retailers, world fa- mous restaurants, prestigious educational institutions and corporations. The building is located at the southwest cor- ner of Broadway and 14th St. n
BUILDING FOR THE FUTURE
For over 45 years, Russo Development has been proudly committed to experience, reputation, excellence, and longevity. With our unrivaled in-house capabilities, we strive to build sustainable and resilient developments by leading in efficiency and example. It is our dedication to quality and fineness that we promise to enhance the communities we work in, both aesthetically and economically by raising the bar and redeveloping for a better future.
201.487.5657 | www.russodevelopment.com
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