NEWS

TRANSACTION UPDATE Lee & Associates agents, Brian Knowles, SIOR, CCIM and Eric Zahniser represented Executive Personal Computers, Inc. in the relocation of their remarketing, recycling and disposal facility. The IT asset handling company will occupy their new 85,600 square-foot space at 2980 Avenue B, in Bethlehem, Pennsylvania in the fall. Brian Knowles, of Lee & Associates inks his third lease renewal at Riverside Business Center in Whitehall, Pennsylvania in the past thirty days. “Riverside Business…

TRANSACTION UPDATE Lee & Associates of Eastern Pennsylvania agents, Brian Knowles, SIOR, CCIM and Eric Zahniser represented Joshen Paper & Packaging in the lease of an approximately 25,202-square-foot industrial property in Wind Gap, Pennsylvania. The landlord was represented by NAISummit. Brian Knowles, of Lee & Associates, brokered two lease renewals at Riverside Business Center in Whitehall, Pennsylvania. The leases totaling 74,449-square-feet will keep Riverside Business Center fully leased. For more information, please contact Megan Murray…

Keeping up with the latest CRE trends can be daunting while trying to run your own business. We’ve put together a short list of topics trending in the commercial real estate world to keep you current. Continued Growth in E-commerce: In 2018, according to the US Commerce Department, E-commerce sales totaled approximately $517B and accounted for over 14% of all retail sales in the United States. E-commerce sales have grown at an average of 15%…

TRANSACTION UPDATE Lee & Associates of Eastern Pennsylvania represented Matrix Development Group in the lease of their 1.2MM square-foot building at 4532 United Drive, Shippensburg, PA. John Van Buskirk, SIOR, Joel Kreider, SIOR and Ed Skonecki brokered the deal with tenant rep., JLL to bring the tenant into the full building lease. Brian Knowles, SIOR, CCIM, of Lee & Associates of Eastern Pennsylvania represented both the landlord and tenant in the pre-lease of 2505 Hollo…

MARCH 12, 2019 | ALDEN DYSON, CoStar Lulus Signs Large Industrial Lease in Palmer Township, Pennsylvania Online Retailer Takes New Class A Warehouse Online retailer Lulus Fashion Lounge leased The Carson Companies’ 258,232-square-foot industrial building in Palmer Township, Pennsylvania. The single-story structure at 2505 Hollo Road comprises 41 loading docks, two drive-in bays and 36-foot clear ceiling height. Developed by the owner in 2019, the Class A facility is less than 12 miles from Lehigh…

Northeast winters can be rough on your building’s exterior. Is your property ready for the elements of spring and summer? When spring approaches, you may want to start preparing your building for the conditions these seasons bring. It’s likely there will be something that needs repairs, or there may be improvements you want to make. By keeping up with routine maintenance during seasonal changes, you can save both time and money. Seasonal Property Maintenance Spring and summer bring varying temperatures…

There has been a lot of talk about opportunity zones lately and these headlines are catching the eye of many investors eager to tap into this market. As we continue to hear more and more about these new real estate ventures, we want to ensure you know everything you need to about these opportunity zones so you can make a qualified decision on this type of investment. What are Qualified Opportunity Zones? Qualified Opportunity Zones…

Fort Washington, Pennsylvania, January 8, 2019 – Eric Zahniser has joined Lee & Associates of Eastern Pennsylvania as the newest member of its dynamic sales team. “Eric brings deep knowledge of corporate real estate transactions, project management and investment analysis to the team. This experience coupled with the relationships he has developed through his involvement in IAMC (Industrial Asset Management Council) will enable him to be a great asset to Lee & Associates,” says Brian…

Lee & Associates of Eastern Pennsylvania Completes Full Lease-up of 485DC the latest Central PA Industrial Redevelopment Project. Mechanicsburg, PA – Lee & Associates of Eastern Pennsylvania, announced today that it has completed the full lease-up of the 456,800 square foot industrial redevelopment project located in Shiremanstown, PA. The former Quaker Oats production facility, now known as 485DC, has been transformed to house manufacturing and distribution tenants. An international manufacturing firm will warehouse light product in the…