4C — November 11 - 24, 2016 — Pennsylvania — M id A tlantic Real Estate Journal


P ennsylvania Hygrade Components signs long-term lease

J.G. Petrucci Company, Inc. acquires 49,000 s/f building in Lvip Iv, Bethlehem, Pennsylvania B ethlehem, PA — J.G. Petrucci Com- pany, Inc. , a design/

business relationship and friendship with Jim Petrucci and his team,” said Vincent Pagano, chairman of Hygrade Components. “We have found the entire J.G. Petrucci team to be open, honest, and always supportive of our needs. This approach has fostered an ex- cellent relationship between our two companies and we look forward to many years to come.” This transaction is a testa- ment to J.G. Petrucci’s com- mitment to the Lehigh Valley and its clients. JimPetrucci , founder and president of J.G.

Petrucci Company, Inc. said, “We are pleased to announce this acquisition. This asset supports every key funda- mental in our commercial acquisitions criteria. Hygrade is a high quality tenant and we have maintained a +20 year relationship with the owners. They are a quality firm for LVIP IV, and have contin- ued to grow and create many manufacturing jobs in the Lehigh Valley since opening their headquarters in 1996.” The facility provides access to Rtes. 512, 33 & 22, I-78, and the PA Tpke. n CBRE|FAMECO announces new leases at Johnsville Plaza Warminster, PA — CBRE Group, Inc. (CBRE) assisted 620 Jacksonville As- sociates, L.P. in securing long- term leases for Chick-fil-A, Mission BBQ, Metro Diner and Chipotle at the new John- sville Plaza located at 25-45 West St. Rd. in Warminster. CBRE|FAMECO retail team members Matthew Mandel, John Krause and Jeffrey Cohen represented the land- lord in all four transactions as well as the tenants in the Mission BBQ and Metro Diner deals. n Johnsville Plaza Sidney E. Gable Associates inks 3500 s/f office sale

build devel- opment firms announc ed the acquisi- tion of a ful- ly-occupied, single-story i n d u s t r i a l building lo- cated at 1990

Jim Petrucci

Highland Ave. in Lehigh Val- ley Industrial Park IV in Beth- lehem, Pennsylvania. J.G. Petrucci Company, Inc. completed the Design/Build Development of the 49,000 s/f

1990 Highland Ave

industrial building in 1996, for Hygrade Components. The company has signed a long-

term lease for the property. “Over the past 20 years we have developed a great



Developers • Builders • Investors A Rare 7± Acre Find on the Delaware Zoned for SCH 12 Story High Rise and Mixed Use Development Bensalem Twp., Suburban Philadelphia, Bucks County Fronts the Delaware River at the intersection of Street Rd & State Rd with frontage on State Rd Includes 1874 stone residence converted to 3 apts Property sells at $2.8 mil. or above. $100,000 Cashier’s Check Needed to Bid Sale Weds., Nov. 30 — 2:00 PM

Brokers/Agents Bring Your Buyer

West Chester, PA — Sidney E. Gable Associates represented R & R Eyewear in the sale of 831 Lincoln Ave., Unit D1, West Chester. The 3500 s/f office and showroom corner unit Condo closed for $500,000. The buyer was a local firm, The Vanilla Box, LLC. n

For terms & details visit traiman.com or call 215-799-0655


PA AY000040-L NJ 7837064


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