9-16-16

2C — September 16 - 29, 2016 — Pennsylvania — M id A tlantic

Real Estate Journal

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P ennsylvania

YOMISSING, PA — Cushman & Wakefield repre- One Meridian totaling 366,728 s/f sells in Wyomissing, PA Cushman & Wakefield reps. Equus in class A office sale W

TWO LOCATIONS ON HANOVER AVE FOR SALE Industrial Building & Mixed Use/Development, Allentown, PA

sented Philadelphia-based Equus Capital Partners Ltd. in the sale of One Me- ridian at Spring Ridge, a 366,728 s/f office building in Wyomissing. Cushman & Wakefield’s Eric Mattson, Joseph Hill, and Robert Yoshimura of the Pennsylvania Capital Markets team represented the seller in the transaction. The property, a class A tro- phy asset originally devel- oped as a headquarters for the former Meridian Bank , is currently 98% leased and an- chored by a variety of national and regional credit tenants including Allstate, CNA Finan- cial Corporation, Godiva and Sunoco. The suburban location sits at the nexus of several regional roadways providing

2124 & 2118 Hanover Avenue 2300 Hanover Avenue 94,026 SF industrial building set on 7.3 acres plus additional 1.6 acre parking lot

3 buildings on 8.85 acres 33,517 SF one story office/showroom 15,357 SF one story showroom Service building and ample parking Multiple entry points Excellent visibility on busy road; Over 43,700 vehicles per day

10 drive in doors and 8 dock doors 18’-20’ ceiling height in warehouse Administrative offices, kitchen and break room

Easy access to Airport Rd, Rt 22 and 378; 3 miles from LV Int’l Airport

For more information, please contact: Frank T. Smith, CCIM, CPM | 610 871 1682 | fsmith@naisummit.com

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One Meridian at Spring Ridge

convenient access to the Phila- delphia metropolitan area, as well as many of the major popu- lation centers in the Northeast, particularly the New York City site. Located at 2350 Lehigh St. The project will demolish the existing storefront and install new steel, storefront, roof, and entrance vestibule along with a façade update. In addition to Boyle Con- struction, the project team ALLENTOWN , PA — Boyle Construction, Inc. is performing construction management for Kia Allentown to install a new exterior alumi- num storefront, metal panel exterior façade, and site light- ing and to re-pave the entire Allentown Kia hires Boyle for storefront & façade renovations metro area. Property amenities include a vast modern lobby, conference center, on-site café, fitness center, and expansive exterior spaces. n includes Stephen Beltz Ar- chitect for the architectural design; Elton & Thompson, P.C. for structural engineering; Stout & Caldwell Engineers & Surveyors for the site de- sign; and Cannon Group for telecommunications services. n

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