J.G. Petrucci announces two recent acquisitions that expand the variety of commercial and industrial real estate options it can offer clients
Posted on Jan 10, 2019 in Projects
J.G. Petrucci Co., Inc., one of the region’s leading development and design/build firms, recently announced the acquisition of two properties in the Lehigh Valley.
2147 Avenue C, located in the City of Bethlehem, Pennsylvania, is a 32,000 sq. ft. industrial flexbuilding with a secure, gated, storage yard and excellent access to all major roadways. Mike Capobianco, SIOR of Markward Group, represented both the buyer and the seller in the transaction. Capobianco has been retained by J.G. Petrucci as the exclusive broker for the property and is actively marketing the building to users seeking flex industrial space available for lease.
In Forks Township, Pennsylvania, J.G. Petrucci purchased a 6.6-acre site that is ideal for small industrial flex users seeking easy access to New Jersey. The property is located less than 2-miles from the Charles Chrin Interchange and just minutes from New Jersey. J.G. Petrucci has plans to construct a 55,000 sq. ft. building at the property. The company has a wealth of experience developing properties in Forks Township, Pennsylvania for food manufacturing users such as Bethlehem Sausage Works and Norac Group, USA. The company’s most recent development experience in Forks Township, Pennsylvania includes the design/build construction of a specialized perlite manufacturing facility for Silbrico Corporation. Kelly Berfield and Ryan Dietrick of Colliers International represented both the buyer and seller in the transaction. The team has been retained as the exclusive broker for the project.
“We have a long history of providing turn-key real estate solutions throughout the Lehigh Valleyand New Jersey,” explains Jim Petrucci, Founder and President of J.G. Petrucci Co., Inc. “As the region continues to grow and attract businesses, these strategic acquisitions will enable our company to offer clients an extensive menu of flexible properties available for lease.”
For leasing information, please visit: www.jgpetrucci.com/properties