4B — March 16 - 29, 2012 — Pennsylvania — Mid Atlantic Real Estate Journal
www.marejournal.com
P ENNSYLVANIA
Kline was the sole broker in transaction Colliers International facilitates $600k retail sale
N
long term lease tenant. Dol- lar General operates more than 9,200 stores in 35 states, including more than 400 in Pennsylvania. The buyer was Providence Property, LLC, with a pur- chase price of $600,000. Ann Kline was the sole broker in this transaction. LEASED: 5,386 s/f mixed- use space located at Courtney III, a 42,000 s/f property situ- ated on 2550 Broadhead Road, Bethlehem, Northampton County, PA. This space was leased to Lancaster Regional Medical Center – opening an office location for their busi- ness operations.
Colliers’ broker Ann Kline represented the lessor; Lori Campbell of Coldwell Banker represented Lancaster Re- gional Medical Center. LEASED: 4,994 s/f office/ warehouse space located at Courtney II, a 98,000 s/f prop- erty situated at 3894 Court- ney Street near the Route 512 & Route 22 Interchange. The space was leased by RB Associates of Bethlehem, PA to Beauty Blender of Beth- lehem. Colliers’ broker Ann Kline represented RB Associates; Bob Dandi of ReMAX Central represented the Lessee, Beau- ty Blender of Bethlehem. ■
ORTHAMPTON, PA —Ann E. Kline, vice president in Colliers
I n t e r n a - tional’s Of- fice Division – Allentown - concluded three trans- a c t i ons i n Northamp- ton County, No r t h amp - ton, PA as follows:
Ann E. Kline
SOLD: 8,634 s/f retail space located at 21st and Main Streets in Northampton, the main thoroughfare through the city. The space is currently occupied by Dollar General, a NORRISTOWN, PA– Taylor Young of Beacon Commercial Real Estate, LLC represented the landlord, 2621 Van Buren, L.P., in the long-term renewal of a 57,638 s/f flex space to Megger at 2621 Van Buren Avenue, Norristown, Pennsyl- vania. Megger is a worldwide com- pany and has been in busi- ness for over a hundred years. Megger provides electric test equipment along with measur- ing instruments for electrical power and telecommunications applications. The 251,751 s/f building has
Young of Beacon reps landlord in 57,638 s/f lease renewal
F OUR R ADNOR C ORPORATE C ENTER 100 M ATSONFORD R OAD , S UITE 220 R ADNOR , PA 19087 P HONE : 610.828.0100 Ɣ F AX : 610.828.3873 C ONGRATULATIONS ! We would like to congratulate the following Beacon brokers for their achievements in brokerage...! Largest Office Sale Gene McHale, Mike Flynn, Colin McHale Top Leasing Brokers Gene McHale Largest Investment Taylor Young Also congratulations for honorable mentions in: Largest Office Lease Gene McHale, Colin McHale Largest Industrial Sale John Greenwald, Taylor Young Largest Industrial Lease Gene McHale, Mike Flynn, Colin McHale
2621 Van Buren Avenue
thirty-six foot clear heights along with five loading docks. The building also has a four- teen percent office build out
and was built in 1969. Eric Wahlers of Gola Corpo- rate Real Estate represented Megger in this transaction. ■
EARTH
ENGINEERING INCORPORATED
Geotechnical Engineers & Geologists
Construction Inspection & Testing Subsurface Investigations
Retaining Wall Design
Environmental Site Assessments and Remediation
Clean Fill Testing
Stormwater Infiltration Testing Carbonate Site Assessments
Laboratory Soils Testing
South Jersey: 856.768.1001 Central PA: 717.697.5701
Corporate Headquarters: 610.277.0880
Lehigh Valley: 610.967.4540
www.earthengineering.com
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