MAY 2024

B Back Cover — May 2024 — Pennsylvania — M id A tlantic Real Estate Journal

www.marej.com

LEASE

RENEWAL

Are your clients being hit with 40% to 60% rate increases on industrial lease renewals? If yes, then ask them to consider relocating to a Mericle building in Northeastern Pennsylvania (NEPA). We’ll provide them with Class A space with immediate interstate access at a NNN lease rate much lower than what they’ll pay in competing markets. They’ll save a lot on annual real estate taxes and utility costs too.

*Average NNN Lease Rate Savings with Mericle in NEPA *Comparison of Class A industrial spaces.

vs. Central PA = $1.07 Sq. Ft. vs. Lehigh Valley, PA = $3.81 Sq. Ft. vs. Suburban Philadelphia = $4.75 Sq. Ft. vs. Southern New Jersey = $5.03 Sq. Ft.

vs. Central New Jersey = $9.21 Sq. Ft. vs. Suffolk County, NY = $10.35 Sq. Ft. vs. Nassau County, NY = $10.68 Sq. Ft. vs. Northern New Jersey = $11.00 Sq. Ft.

35’-4” to 41-6” clear structural height 100 loading doors, 4 drive-in doors 702,000 SF 460 Research Drive CenterPoint East, Pittston Township, PA

293,493 SF 63 Green Mountain Road Humboldt Industrial Park, East Union Twp., PA

40’-2” clear structural height 16 loading doors, 1 drive-in door 282,557 SF 1200 Corporate Way Mid Valley Industrial Park, Olyphant, PA

201,500 SF 62B Green Mountain Road Humboldt Industrial Park, East Union Twp., PA

34’-6” clear structural height 41 loading doors, 2 drive-in doors

37’-10” clear structural height 32 loading doors, 2 drive-in doors

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34’-8” clear structural height 18 loading doors, 1 drive-in door 136,500 SF 144 Commonwealth Drive CenterPoint South, Jenkins Township, PA

38’5” clear structural height 18 loading doors, 1 drive-in door 124,102 SF 610 Oak Ridge Road Humboldt Industrial Park, Hazle Twp., PA

35’-4” clear structural height 14 loading doors, 1 drive-in door 96,000 SF 137 Commonwealth Drive CenterPoint South, Jenkins Township, PA

93,955 SF 300 Lasley Avenue Hanover Ind.Estates, Hanover Township, PA

34' clear structural height 6 loading doors, 3 drive-in doors

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For Leasing Info, Call 570.823.1100

Mericle, a Butler Builder®, is proud to be part of a network of building professionals dedicated to providing you the best construction for your needs.

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