Tuesday, July 23, 2013

Trammell, Clarion Begin Spec Warehouse in Lehigh Valley

Joint-venture partners Trammell Crow Co. and Clarion Partners have broken ground on a 677,088-square-foot speculative industrial building in Pennsylvania’s Lehigh Valley. 

The building on a 40-acre infill site at 2485 Commerce Center Blvd. within Lehigh Valley Industrial Park VII, a master-planned business park less than two miles from Interstate 78 in Bethlehem, is scheduled for completion next spring. 

The industrial park, formerly home to Bethlehem Steel, is designated as a Local Economic Revitalization Zone (LERTA), providing municipal, school and county tax relief on new construction for up to 10 years. 

The building will feature 32-foot clear height, 190-foot-deep truck courts and ESFR sprinkler systems. 

The Lehigh Valley is one of the most sought-after industrial markets in the entire country, with strong demand and limited supply, said Andrew Mele, senior vice president with Trammell Crow’s northeast regional office. 


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