"The shell building construction cost, excluding any office improvements, is about $8 million," Adam Meinstein, Equilibrium's president, tells GlobeSt.com. His company acquired the 19.5-acre parcel from Can Do Inc., the Hazleton-area economic development corporation, for $812,000, he says, which translates to $41,641 per acre.

As GlobeSt.com previously reported, Archer Daniels Midland plans a 500,000-sf, $95-million cocoa processing plant in an adjacent portion of the park. Coca Cola has also committed to building a plant here. Meinstein says those companies' decisions came after Equilibrium's. "But the fact that two first-class companies chose this area certainly increased our comfort with the location for spec development," he adds.

The site is in a Keystone Opportunity Zone, which offers tax abatements to tenants on most local, county and state taxes until 2010. Can Do plans to develop Humboldt Station, a mixed-use project to include hotels, restaurants and service retail, in the eastern portion of the park although no timeline has yet been established.