10B — April 13 - 26, 2012 — Pennsylvania — Mid Atlantic Real Estate Journal
www.marejournal.com
E ASTERN PA
VP Besecker reps the first tenant Pella Products Mericle Commercial RE Svcs. leases 12,854 s/f of flex space P ITTSONTOWNSHIP, PA — Pella Products, Inc. the locally owned
Hawley & Laubach rep both parties Hawley Realty Inc. signs new 8,100 s/f tenant
PHILADELPHIA, PA—Col- liers International announced its corporate office relocation plans for its P h i l a d e l - phia head- quarters to Ten Penn Cent er at 1801 Mar- ket Street on April 16, 2012. Colliers will occupy 15,079 s/f on the fifth floor. “The Ten Penn Center prop- erty provides Colliers with a prestigious business address and ample, efficiently planned office space including confer- ence, marketing and technol- ogy rooms - all of which is in line with our mission to grow our market presence and provide better service to the clients and communities we serve,” said Doug Sayer, CEO of Colliers International in Philadelphia. Ten Penn Center is a 27- story 667,825 s/f Class A com- mercial LEED® Gold certi- fied office building; the first Doug Sayer Pella’s local owner Bert Kriegh said “We believe the new location will give us more visibility, exposure and convenience for custom- ers. The quality of the new building and the services that Mericle provide helped us choose this property. This location provides us a good base from which to grow”. direct sales branch of Pella Corporation, the nation’s second largest manufacturer of windows, patio doors and entry doors, has opened a distribution center, show- room, and office headquar- ters at 345 EnterpriseWay in CenterPoint Commerce and Trade Park West, Pittston Township. Pella Products, Inc. was previously located at 4 Keystone Industrial Park in Dunmore. Pella Products, Inc. opened its new location on April 1 in 12,854 s/f of flex space leased from Mericle Commercial Real Estate Services. The company serves builders, contractors, architects and homeowners in 20 Pennsyl- vania counties and has 19 employees.
1866 Auburn Street
345 Enterprise Way
BETHLEHEM, PA—Hawley Realty Inc. inks a deal with a contractor for a highway project near Sands Casino, Bethlehem, PA. Amy Hawley SIOR and Jarrett Laubach CCIM recently signed a new tenant for 1866 Aurburn Street, a 46,000+ s/f multi-tenant building. The ten- ant, HRI Inc. will be occupying a total of 8,100 s/f of space. HRI has corporate offices in State
College, PA. They are a contractor for PennDOT projects throughout the Commonwealth. They an- ticipate occupying this rental unit for the next three years, while they complete a PennDOT project that will improve the highway access for the Sands Casino. Hawley Realty Inc. represented the landlord, REI Holdings in this transaction. ■ in Philadelphia based on the total leasing transactions he closed during the year. Sig- nificant transactions closed by Pennington in 2011 included the sale/lease of numerous warehouse/distribution facili- ties throughout the Philadel- phia region. Binswanger qualified as one of the top commercial broker- age firms in Philadelphia based on total sales and leasing transactions closed during the year. Significant transactions closed by Binswanger in the Philadelphia market in 2011 included the lease of a 241,977 s/f warehouse/office facility in Bristol, PA; approximately 81,000 s/f of space leased at River Park II and Quaker Park in Conshohocken, PA; approxi- mately 146,890 s/f of space leased in the Spring Mill Cor- porate in Conshohocken, PA; sale of a 110,180 s/f Class A in- dustrial facility in Langhorne, PA; 70,000 s/f, three-building museum in Philadelphia, PA; the sale of a multi-building hospital/medical complex in Philadelphia, PA; lease of 22,391 s/f of flex space in Philadelphia, PA; acquisition of 140-acres in Philadel- phia, PA; and the sale of the 526,000 s/f Inquirer Building in Philadelphia, PA. ■
Mericle vice president Bob Besecker coordinated the lease transaction. He said Pella becomes the first ten- ant in the new 108,939 s/f flex building recently con- structed on speculation by Mericle. “We’re very happy that Pella, a company with a great reputation and decades of success in its industry, has chosen our CenterPoint West flex building,” said Besecker. “Pella is a great anchor and will no doubt bring positive
LEED® Gold certified existing building in Philadelphia and one of only three existing office buildings in the state of Penn- sylvania. Among the attributes that contributed to this award were energy-efficient floor plates, green water-treatment procedures and products for cooling towers, an updated HVAC fan distribution system and automatic light sensors. Colliers International is the third-largest commercial real estate services company in the world with 12,509 profes- sionals and staff operating out of more than 512 offices in 61 countries. Asubsidiary of First- Service Corporation, it focuses on accelerating success for its clients by seamlessly provid- ing a full range of services to real estate users, owners and investors worldwide, includ- ing global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valua- tion, consulting and appraisal services, mortgage banking and research. ■ attention to the new build- ing.” Pella Corporation is a leader in designing, testing, manufacturing and installing energy-efficient windows and doors for new construction, remodeling and replacement applications for commercial and residential needs. Since 1985, Mericle Com- mercial Real Estate Services has developed more than 16 million s/f of industrial, of- fice, and flex space in North- eastern Pennsylvania. ■
Panczykowski & Pennington of Binswanger receive 2011 CoStar Power Broker Award
PHILADELPHIA, PA — Binswanger announced that Jim Panczykowski, vice presi-
Colliers International - Philadelphia announces corporate office relocation
d e n t a n d Chr i s Pen- nington, vice president has been named a 2011 CoStar Power Bro- ker by CoStar Group. Jim Pan- czykowski qualified as one of the top commercial brokers based on the total volume of in- dustrial and commercial transactions h e c l o s e d dur i ng the
Jim Panczykowski
Chris Pennington
year. Significant transactions closed by Jim Panczykowski in 2011 included the sale of a 1,112,390 s/f manufacturing and distribution facility in Erie, Pennsylvania, the lease of a 113,000 s/f manufacturing and distribution facility in Marl- boro, New York and the sale of a 195,000 s/f manufacturing facility in Hudson, New York, to name a few. Pennington qualified as one of the top commercial brokers
1801 Market Street
Made with FlippingBook flipbook maker