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Liberty Lands Two Leases Totaling 913,500 SF

BREINIGSVILLE, PA-Dial Corp. takes a 726,000-sf building underway in the Boulder Business Center, and Uline preleases another 187,500-sf one that just broke ground.

By Marita Thomas | Updated on December 22, 2006

(To read more on the industrial market, click here.)

BREINIGSVILLE, PA-Before the buildings are completed, Malvern-based Liberty Property Trust has obtained leases for two new distribution facilities, aggregating 913,500 sf, in the Boulder Business Center. The value of the leases is undisclosed, however, the asking rental rate, published on Liberty’s website, ranges from $4.50 per sf to $6.50 per sf.

Dial Corp. has signed a lease for the 726,000-sf building under construction at 8400 Industrial Blvd. in the center and will take occupancy in April 2007. Dial, a global supplier of soaps, detergents and related consumer products, is an affiliate of Dusseldorf-based Henkel KGaA with US headquarters in Scottsdale, AZ. Troy Briggs in Liberty’s Lehigh Valley office, negotiated the transaction.

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