14D — June 17 - July 21, 2022 — 30 Under 30 — M id A tlantic Real Estate Journal
www.marej.com
30 U nder 30
Carson Companies owns and developed 1000 Carson Court, Palmer Twp. Lee & Associates brokers lease of 340,695 s/f along Rte. 33 Corridor in the Lehigh Valley, PA
EHIGH VALLEY, PA — Lee & Associates of Eastern Pennsylvania principals, Brian Knowles, CCIM, SIOR, and Eric Zahn- iser have arranged the full building lease of the newly completed facility located at 1000 Carson Court, Palmer Twp. The building, owned and developed by Carson Companies, is the newest of seven completed projects - the eighth building, a 403,896 s/f cross dock at 1051 Carson Court, is set to deliver in late fall. Carson Companies is dedicated to the job growth and vitality of the region and L
1000 Carson Court
is the owner of an additional 100 acres along Route 33. “Carson Companies offers
a level of sophistication and attention to base building detail you don’t normally see
in an industrial building,” said leasing agent Brian Knowles. “These buildings are top-notch
and users are taking notice.” The tenant, ABB is set to add 100 jobs at the location where it will stock more than 5,000 electrical products. The additional facility for ABB will reduce their carbon footprint by cutting delivery times to some customers by up to 50%. Lee & Associates' Q1 re- search report shows the Le- high Valley submarket at a 1.47% vacancy rate. “Econom- ic headwind news aside, we continue to experience solid demand for last-mile facili- ties.” said Knowles, “As con- sumers have come to expect rapid delivery times, demand for this type of facility should remain steady. Lee & Associates offers an array of real estate services tailored to meet the needs of the company’s clients, in- cluding commercial real es- tate brokerage, integrated services, and construction services. Established in 1979, Lee & Associates is now an international firm with offices throughout the United States and Canada. Our profession- als regularly collaborate to make sure they are providing their clients with the most advanced, up-to-date market technology and information. Lee & Associates’ Penn- sylvania regional operations began in May 2015 under the leadership of principals Brian Knowles, CCIM, SIOR, and John Van Buskirk, SIOR. Long recognized individually as national leaders in the in- dustrial real estate business, they chose to take their over 45 years of combined real estate experience in a new direction – as broker-owners of this new initiative. They are committed to provid- ing market-leading research and support while remaining grounded in exceptional client service. MAREJ
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