BETHLEHEM, PA—CBRE has brokered the lease of 2485 Commerce Center Boulevard, a 677,088 square feet facility within Lehigh Valley Industrial Park VII. The property is a joint-venture between Trammell Crow Company and Clarion Partners. The space was leased by UK retail company Primark, and will serve as their primary east coast distribution facility as the company makes its first venture into the United States. CBRE's Joe McDermott represented the tenant, while Vincent Ranalli and Jake Terkanian of CBRE represented the property's owner..

“This is a truly significant transaction for the entire Lehigh Valley community,” says Ranalli. “This site is part of the overall redevelopment of the former Bethlehem Steel Company properties. The neighborhood now includes Walmart, which recently leased 2.4 million square feet of space in two buildings, Crayola, which leased 800,000 square feet, and Zulily, which also leased 800,000 square feet

“The Lehigh Valley has become the preferred location for distribution of product to customers in the Mid-Atlantic and Northeast,” says McDermott. “The major companies that have located in Lehigh Valley versus New Jersey is significant.”