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ASBURY, NJ, FEBRUARY 8, 2010--- At “The Lehigh Valley Economic Outlook Luncheon & Community Investment Awards,” held Tuesday, January 26, 2010 at the Holiday Inn Conference Center in Allentown, Pennsylvania, the Greater Lehigh Valley Chamber of Commerce honored J.G. Petrucci Co., Inc. (JGPCO) with its Community Development Award. The Community Development Award is presented to Lehigh Valley businesses and individuals who have successfully worked to ensure the success and growth of the region’s economy and communities.
James G. Petrucci, founder and president of JGPCO, was presented with the Community Development Award by Ed Pawlowski, mayor of Allentown, Pennsylvania, in recognition of JGPCO’s recent acquisition and subsequent lease of the Mack Trucks headquarters building to Lehigh Valley Health Network and the redevelopment of the Exide Battery site at 2121 Lehigh Street in Allentown, which had been a priority clean up site in the region. JGPCO has a more than 20 year history in the Lehigh Valley, including the redevelopment, in conjunction with the Allentown Economic Development Corporation, of a former brownfield site known as Bridgeworks by the Creek Industrial Center, as well as ownership of a number of properties within the city.
James G. Petrucci, president of JGPCO, stated, “We are honored to have been selected for the Community Development Award. The Lehigh Valley is a critical market for our company and it is a great place to do business.” He added, “We are proud to be a member of The Greater Lehigh Valley Chamber of Commerce and recognize their continued leadership in leveraging resources and creating opportunities for business growth in the region.”
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About J.G. Petrucci Co., Inc.
J.G. Petrucci Co., Inc (“JGPCO”) is a fully integrated, privately-held commercial real estate organization with more than 22 years experience in the design/build, development, re-development and acquisition of industrial, office, healthcare, retail, multi-family and other properties. The company’s portfolio also comprises a broad range of brownfield and adaptive reuse projects, as well as expertise in green building. In addition, JGPCO is recognized as a leader in both the New Jersey and Pennsylvania markets with a client and tenant roster that includes organizations such as Merrill Lynch, Weyerhaeuser Co., Federal Express, Cryovac/Sealed Air, Gargiulo Produce, St. Luke’s Hospital & Health Network, Flemington BMW and Synchronoss Technologies, among others. 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 the Lehigh Valley, Pennsylvania. For additional information about J.G. Petrucci Co., Inc., please visit our website at www.jgpetrucci.com.
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