P ennsylvania

S hopping C enters

Real Estate Journal — Pennsylvania —Section C


M id A tlantic

Ossey of Capacity Commercial Group & Markward of Colliers Int’l. represents lessee Mericle Commercial Real Estate Services’ Besecker coordinates 282,539 s/f lease in Olyphant O lyphant, PA — As part of an ongoing iniative to increase its national ’s Allentown, Pennsyl- vania office.

Industrial Park in Olyphant Borough. The building was developed and is owned by Mericle Commercial Real Estate Services . The company is relocating from a smaller in- dustrial building in the Valley View Business Park, Jessup where it employs 37 people, who will transition to the new facility. “We're extremely excited about our new Olyphant distri- bution center. Not only will the project contribute to job growth within Pennsylvania, but, when the new facility center opens, it will be the largest in our net- work, providing powersports dealers in the Northeast with double the number of brands previously available in their one-day shipping zone” said Dan Courtney, president of Tucker Rocky/Biker's Choice. The lease was coordinated by Mericle vice president, Bob Besecker . Tucker Rocky/Bik- er’s Choice was represented by Don Ossey, SIOR , a principal with Capacity Commercial Group , Portland, Oregon and Del Markward, SIOR , man- aging director of real estate brokerage firm Colliers Inter-

“Tucker Rocky/Biker’s Choice is in a growth phase and needs to be in a larger space,” said Besecker. “Fortunately, our building gives the company exactly what it wants and is just a few miles from its exist- ing facility.” “The timing was critical,” added Besecker. Our construc- tion team fast tracked improve- ments to the space to meet the company’s exact requirements,” he said. Besecker thanked the Gover- nor’s Action Team, The Scran- ton Plan of the Greater Scran- ton Chamber of Commerce, and Olyphant Borough for their assistance with the project. “We are very pleased that the success realized by Tucker Rocky/Biker’s Choice has led to further growth of this respected business,” said Bob Durkin, president of the Greater Scran- ton Chamber of Commerce. “Moving to a larger facility within Lackawanna County will accommodate their plans to create more jobs and allow them to continue to positively impact our local economy.” n Mar Realty Group announced the sale of 1788 Wilmington Pike in Glen Mills. GHS Sum- mit, LLC purchased the office building from Crawford Leas- ing, LLC for $1.45 million. “1788 Wilmington Pike is a 14,500 +/- s/f office building in a highly desirable location,” said Soss. “The building meets the buyer’s needs as both a site for their business and an attractive investment property. “The property is just south of the new 29.5 acre development where a 140,000 s/f Wegmans store and 40,000 s/f of addi- tional retail space are currently under construction. The new owner has plans to use a por- tion of the building for medical use.” Soss and Donald Grimes of KarMar Realty Group repre- sented the seller in the sale. n

service commitment to Power- sports dealers and consumers, Tucker Rocky/Biker's Choice is nearly doubling the size of its Pennsylvania distribution center and equipping it with a high-density pick module for faster order fulfillment. The company will provide next day ground delivery of motorcycle and ATV/UTV aftermarket parts, accessories, and apparel from a new distribution center in Lackawanna County. The project is expected to create 28

February 13 - 26, 2015


Western PA


Engineering WEEK 5-8C

1200 Corporate Way

new jobs over the next three years. Tucker Rocky/Biker's Choice has leased 282,539 s/f

in the 365,114 s/f industrial building located at 1200 Cor- porate Way in the Mid Valley

Cushman & Wakefield organizes 148,000 s/f sale

Soss of KarMar Realty Group brokers office /warehouse sales totalling $3.95 million

West Chester, PA — KarMar Realty Group , Inc. has announced the sale of two buildings, 720 & 908 Old Fern Hill Rd., West Chester. The property located at 720 is a two- story, 6,800 +/- s/f office build- ing on 3.2 acres. The property on 908 Old Fern Hill Rd. is a 15,800 +/- s/f flex building on 2.75 acres. Fern Hill Rd. Realty Corp. sold both properties for a combined price in excess of $2.5 million. “The property at 720 Old Fern Hill Rd. is a site that lends itself well to future develop- ment or expansion in a highly desirable location,” said Justin Soss , executive vice president of KarMar Realty Group. “The property was purchased by Handy Andy’s House, LP and also contains a 4,600 +/- s/f warehouse”.

Sidney E. Gable Associates executes 18,000 s/f sale 4C

1788 Wilmington Pike


“The flex building at 908 Old Fern Hill Rd. was purchased by Wiggins Secure Shredding, LLC,” said Justin Soss. The property has 14,000 s/f of ware- house and 1,800 s/f of office space. It has a large, fenced-in outdoor storage area, which

is highly sought after in the marketplace.” The buyers in the transac- tions were represented by Ter- ry Looker of Ford Real Es- tate and Jim Lees of Swope Lees Real Estate respectively. In a second transaction, Kar-


People on the Move................... 10C CREW Lehigh Valley Chapter .... 12C www.marejournal.com

Made with FlippingBook - professional solution for displaying marketing and sales documents online