(Read more on the industrial market.)

DUNMORE, PA-Conshohocken-based Equilibrium Equities Inc. has all but filled a vacancy that loomed when it acquired Key Market Distribution Center in October 2005. It has inked leases with two tenants for an aggregate of 202,619 sf.

J&L Curtainwall LLC, a newly formed company that designs and manufactures pre-glazed curtainwall, is the larger of the two new tenants. It will utilize 148,448 sf for its office headquarters, manufacturing and distribution facilities. Equilibrium negotiated directly with the tenant in this transaction.

Memphis, TN-based Power & Telegraph Supply Co. has signed a lease for 54,171 sf. It is an independent distributor for the telecommunications and cable TV industries worldwide and will use this space as a regional warehouse serving the Northeast. Lee Fein, SVP of the Philadelphia office of Colliers Lanard & Axilbund, negotiated for the tenant, and Equilibrium spoke for itself.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.