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ASBURY, NJ, FEBRUARY 26, 2008 – J.G. Petrucci Company (“JGPCO”), one of the New Jersey and Pennsylvania region’s most respected and fastest-growing development and design/build organizations, has completed a long-term corporate headquarters lease renewal with Paragon Technologies, Inc. at 600 Kuebler Road in Forks Township, Pennsylvania. Forks Township is situated within the Lehigh Valley commercial real estate market, just north of the City of Easton, Pennsylvania.
“We are delighted to be able to keep our corporate headquarters at 600 Kuebler Road,” stated William Casey, President and COO, of Paragon Technologies, Inc. “J.G. Petrucci Company and Iron Hill Construction Management recently completed several facility upgrades to modernize our office environment in conjunction with our planned June 6th 50th Anniversary celebration. Additionally, Forks Township offers us both a highly convenient location and access to a deep, well educated workforce. And J.G. Petrucci Company has proven itself to be a highly responsive, customer service oriented owner.”
Although 600 Kuebler Road is a fully leased facility, J.G. Petrucci Company is marketing a number of land sites for build-to-suit opportunities within Forks Township. These include an 8.8-acre site on Kuebler Road at Mort Drive, within Fort James Industrial Park II and 16 individual sites within the 124-acre Forks Business Center at Kesslersville and Glover Roads. Weyerhaeuser Co. and Henningsen Cold Storage recently announced major commitments at Forks Business Center.
About Paragon Technologies
Paragon Technologies is a leader in integrating material handling systems and creating automated solutions for material flow applications. SI Systems’ branded technologies and material handling solutions address unit assembly in manufacturing operations and order fulfillment applications. One of the top material handling systems suppliers worldwide, SI Systems leading clients have included the United States Postal Service, BMG, Peterbilt, Honda, and Oshkosh Truck, and Maybelline.
About J.G. Petrucci Company, Inc.
J.G. Petrucci Co., Inc (“JGPCO”) is a privately-held developer/builder with more than 20 years experience in the design/build, development, re-development and acquisition of commercial, educational and healthcare-related properties. In addition, JGPCO is recognized as a leader in both the New Jersey and Pennsylvania markets with a client and tenant roster that includes Merrill Lynch, Weyerhaeuser Co., Federal Express, Cryovac/Sealed Air, Gargiulo Produce, Westfield Medical Center, Flemington BMW and Schuetz Containers. JGPCO presently holds an investment portfolio of over 3 million square feet of prime industrial, retail and office space. The firm is based in Asbury, New Jersey and also maintains offices in Bethlehem, Pennsylvania. For additional information on J.G. Petrucci Co., Inc., please visit our website at www.jgpetrucci.com.
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