ASTON, PA-For an aggregate rental in excess of $700,000, the industrial services firm secures crane-served space for five years with multiple options. The park is within minutes of I-95, I-476 and the Philadelphia airport.
HAZLETON, PA-Mericle Commercial Real Estate is constructing the manufacturing and distribution facility in Humboldt Industrial Park here for an estimated $10 million. Mericle will own the build to suit and lease it to Simmons.
SOUDERTON, PA-This follows Univest's purchase of First County Bank of Doylestown, PA earlier this year. Together, this year's acquisitions expand the Univest banking realm to include 36 branches in Bucks and Montgomery counties.
PHILADELPHIA-With more than six million sf of Center City office leases set to expire by 2007, the region unveils, "Select Greater Philadelphia: The Place to Prosper," a four-year effort to attract and retain companies.
HARRISBURG, PA-Pennsylvania Industrial Development Authority loans fund the purchase and renovation of a 99,032-sf building and a 14,136-sf property as well as the expansion of Frankford Candy & Chocolate Co.
BLUE BELL, PA-While representing the seller during due diligence, prior to the closing, brokers in the Conshohocken, PA office of Trammell Crow raised occupancy at the 90,062-sf office complex from 67% to 83%.
HARRISBURG, PA-In a joint venture partnership with Lubert-Adler, Feldman Equities acquires the 840,000-sf property and concurrently inks leases with Bass Pro Shop and Boscov's to fill anchor space being vacated by Lord & Taylor and JCPenney.
PHILADELPHIA-With this promotion, Thomas D. Kramer also expands his area of specialty beyond Center City to the western suburbs. He joined the firm as an associate in 1993 and was promoted to SVP in 1999.
DEVON, PA-Equipped with a nine-figure purse and the Section 721 Exchange capability, Prestige Group is sent shopping for apartment portfolios and/or properties of 90 units or more in Pennsylvania, New Jersey and Delaware.
MALVERN, PA-The New York REIT pays a hefty $208.69 pr sf for the class A, 106,855-sf facility IKON has occupied under a synthetic lease since 1997. IKON leases it back under a 10-year operating lease.