Lee & Associates – Houston Arranges Corsa Coal Corporate Office Relocation in Pennsylvania
NOVEMBER 27, 2017 (HOUSTON) – Lee & Associates – Houston, a nationwide leader in commercial real estate services, represented Corsa Coal Corp. (TSXV: CSO) in a 9,254-square-foot office headquarter relocation to the J. Barry Center, 4600 Barry Court, in the Southpointe district of Canonsburg, PA.
Corsa Coal, a metallurgical coal producer that serves the global steel industry, is doubling its office space as it plans for continued growth since tripling its sales volumes of metallurgical coal in 2017 as compared to 2016 levels. In the last 12 months, Corsa Coal has added over 100 employees to its Pennsylvania operations and the Corporate office outgrew its previous space.
“We are pleased to be expanding our office space as we grow our company,” said George Dethlefsen, CEO of Corsa Coal Corp. “On the strength of a healthy steel industry, profitable pricing for metallurgical coal, and a positive regulatory outlook brought about by the new administration, we have the confidence to move forward on new mines and capital projects. I’d like to thank Rob Johnson and Lee & Associates for their outstanding efforts in getting Corsa into this new office space.”
Corsa Coal operates a total of eight mines, four underground mines and four surface mines, and will sell approximately 1.7 million tons of metallurgical coal to steelmaking customers all over the world in 2017.
“The administration has set a positive tone for businesses and, more importantly, for energy-related companies,” said Rob Johnson, director at Lee & Associates – Houston. “We’re seeing the impact of this administration’s business attitude locally, but it very much applies to energy-related companies throughout the United States. With our nationwide Lee & Associates network, we were excited to assist Corsa when they asked us to lead the office search for them.”
Rob Johnson of Lee & Associates – Houston represented the tenant, and Michael Swisher represented the landlord, Horizon Properties.
About Lee & Associates – Houston
Lee & Associates – Houston is a fully-integrated commercial real estate company with unrivaled capabilities and an unwavering dedication to integrity. Our business-minded brokers specialize in office, industrial and land real estate investments. As the fastest-growing broker-owned firm in the nation, with more than 60 office locations in North America, we are uniquely qualified to support our clients’ real estate needs in the local, national and international markets. For more information, visit www.lee-associates.com/houston/.