10-13-17

2C — October 13 - 26, 2017 — Pennsylvania — M id A tlantic

Real Estate Journal

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P ennsylvania

The projects are design by Cerminara Architect J.G. Petrucci Company, Inc. breaks ground on 168,000 s/f L

ehigh Valley, PA — Responding to the demand of the Lehigh Valley indus- trial market, J.G. Petruc- ci Compa- ny, Inc. an- nounced that it has broken g r o u n d o n two specula- tive buildings in Hanover Twp. & Bethlehem Twp. Hanover Flex Center I, a 48,600 s/f flex industrial build- ing, is situated on 3.5-acres on Twp. Line Rd. in Hanover Twp., Northampton County. The new building is located directly off Rte. 512. Hanover Flex I is located less than 5-miles from the Lehigh Valley International Airport and is surrounded by many area amenities. The sin- gle story building will feature over 40 parking spaces, and 28’ clear ceiling height. In addition, the building includes 5 loading docks, and trailer storage. “Demand for new class ‘A’ industrial product in the Le- high Valley market is very strong,” said Jim Petrucci , founder and president of J.G. Jim Petrucci

August K. Semple

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Hanover Flex Center I

Mid Atlantic Real Estate Journal ExecutiveWomen in Real Estate and Allied Fields Oct. 27, 2017 • Deadline: Oct. 13, 2017

Flex Center 33

Petrucci Co. “and our locations are prime; we are pleased with market activity.” In addition to its current construction in Hanover Twp., Petrucci received preliminary final land development approv- als for Hanover Flex Center II earlier this year. The two build- ing flex industrial center will be located at 5010 Jaindl Blvd. in Hanover Twp. Building 1, set

to break ground by year-end, is comprised of 99,000 s/f. Once building 1 is leased, Petrucci plans to begin construction on building two, a 93,000 s/f building. The projects are design by Cerminara Architect and will be built by J.G. Petrucci’s in-house construction group, Iron Hill ConstructionMan- agement Company . n

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