EASTON, PA—It seems the Lehigh Valley still can't get enough spec warehouses built before someone leases them up.
Duke Realty Corporation, a REIT specializing in the ownership, management and development of bulk industrial facilities, has leased its recently delivered 628,475-square-foot bulk warehouse and started construction of another million square-foot spec industrial building in 33 Logistics Park, an industrial development located in Easton, PA, on the east side of the Lehigh Valley just off Route 33 at the new four-way diamond interchange at Main Street.
A third-party logistics company that Duke did not identify will occupy 33 Logistics Park 1611, which Duke delivered in early July. 33 Logistics Park 1620, the new building Duke Realty is constructing, will be its third in 33 Logistics Park and adjacent to 1611 and a 1.1 million-square-foot, fully leased bulk warehouse the company delivered in 2016.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
