Thursday, May 13, 2010

J.G. Petrucci Co. Buys Site in Lehigh Valley Industrial Park

"J.G. Petrucci Co. (JGPCO), one of New Jersey and Pennsylvania's leading developers, acquired a portion of the Lehigh Valley Industrial Park at 2120 Spillman Drive in Bethlehem, PA, from Lehigh Valley Industrial Park Inc. for $2.3 million, or about $135,000 per acre.

The 17-acre property is of high value and well known throughout the regions' real estate professionals. It is in the Lehigh/Northampton submarket."

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