Local business joins longtime tenants
J.G. Petrucci Co., Inc., one of the region’s leading development and design/build construction firms, has successfully signed one new lease and renewed two existing tenants at 2198 Industrial Drive, Bethlehem, PA.
New to the building is premier supplier of fresh, high-quality extra virgin olive oil, Millpress Imports. This family-owned company, currently headquartered at a nearby J.G. Petrucci owned and operated building, will be taking 10,000 sq. ft. at Industrial Drive. The additional space will serve as overflow storage for the specialty food importer to meet their rapidly increasing product demand.
“We are proud to be a tenant of J.G. Petrucci and value the highly skilled and professional team that Jim has assembled and mentored over the years,” explains Tim Balshi, Owner of MillPress Imports. “Jim is a natural leader, and his ability to work quickly and diligently with effective solutions speaks volumes of his organization. My company plans to expand our relationship with J.G. Petrucci in the future as we continue to grow our local operations to service customers across the U.S. and Canada.”
Along with Millpress Imports, Cooper Electric, one of the nation’s most prominent electrical supply distributors, has signed a lease extension for their 25,064 sq. ft. suite.
PolyOne Corporation, a leading provider of specialized custom color and additive concentrates, has also renewed its lease of 32,000 sq. ft. to supplement their Highland Avenue operations, just miles from 2198 Industrial Dr.
“We are thrilled that our tenants continue to partner with us,” explains Marketing Coordinator, Kayla Jacobs. “We’re dedicated to making the process stress-free and to put our clients at ease during this time. Our strategic acquisitions allow us to provide efficient and cost-effective lease opportunities.”
All three tenants will join insulation supplier IDI Distributors who lease the remaining 34,115 sq. ft in the building.
PolyOne was represented by Dana Zawahri of Allegro Real Estate Brokers & Advisors in the lease negotiations.