Tuesday, March 15, 2011

Applied Industrial Technologies Closes on 2 Transactions in Allentown

"Applied Industrial closes 2 transactions for Applied Industrial Technologies in Allentown, PA. In an effort to assist this company with their consolidation move, Applied Industrial sold 884 Marcon Blvd., Allentown, PA to Julabo East. They will be relocating into this 11,000 sq. ft. building once it has been rennovated to suit their requirements. Applied Industrial Technologies is relocating into 3000 Emrick Blvd. for their 4,500 sq. ft. rental unit just off of I-78. The approximate value of these two transactions is $800,000.00"

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