The Kenco Building totals 95,499 square feet in the Lehigh Valley industrial submarket. It was developed by The Northwood Company in 2000, within the Arcadia West Industrial Park.
Wednesday, February 28, 2018
Carpenter Technology Corporation Renews Space in Kutztown
Carpenter Technology Corporation has signed a lease renewal for 95,499 square feet in the industrial building located at 9784 Commerce Cir. in Kutztown, PA.
The Kenco Building totals 95,499 square feet in the Lehigh Valley industrial submarket. It was developed by The Northwood Company in 2000, within the Arcadia West Industrial Park.
www.omegare.com
The Kenco Building totals 95,499 square feet in the Lehigh Valley industrial submarket. It was developed by The Northwood Company in 2000, within the Arcadia West Industrial Park.
Seymore Rubin Associates Sells Callowhill Portfolio
Seymore Rubin Associates has sold five office and industrial buildings in Philadelphia, PA to Arts & Crafts Holdings for $36 million, or approximately $159 per square foot.
The deal totals 226,715 square feet and includes the properties at 444 N. 3rd St., 461 N. 3rd St., 854-856 N 3rd St., 600 Spring Garden St. and 827 Spring Garden St. These five properties were constructed between 1915 and 1965 and measure between 8,000 square feet up to 160,000 square feet.
www.omegare.com
The deal totals 226,715 square feet and includes the properties at 444 N. 3rd St., 461 N. 3rd St., 854-856 N 3rd St., 600 Spring Garden St. and 827 Spring Garden St. These five properties were constructed between 1915 and 1965 and measure between 8,000 square feet up to 160,000 square feet.
Tuesday, February 27, 2018
Rutter Roofing Purchases 345 Lancaster Ave Malvern, PA
Rutter
Roofing purchased 345 Lancaster Avenue Malvern, PA. This is a 10,420sf free standing
retail/office/flex building. Rutter Roofing plans to relocate their head quarters
to this location. Joe O’Donnell from
OMEGA Commercial Real Estate, Inc. represented Rutter Roofing in the
transaction. This portion of Lancaster
Ave great exposure with overs 20,000+ car per day.
Rutter Roofing is a full service roofing company, whose
goals are driven towards hard work, accountability, and second to none customer
service. Services include: 24/7 emergency maintenance, asphalt roofing,
slate/tile/copper, flat roofing, skylights, sun tunnels, doors,
gutters/downspouts, repairs/leaks, soffits/trim, insulation, siding and
windows.
Rutter Roofing has been granted the CertainTeed SELECT
Shingle Master certification which is designated to only 1% of roofing
companies in the United States. The company has been named best of the Main
Line by the readers of Main Line Media News, a super service award winner
through Angie’s List, and has been named to the Philadelphia Top 100 List of
Fastest Growing Companies. Cory has been named Emerging Leader of the Year
(2011) by The Main Line Chamber of Commerce and a 40 under 40 (2014) by the
Philadelphia Business Journal.
OMEGA Commercial Real Estate, Inc. is full
service commercial real estate firm. They represent commercial buyers, seller,
tenants, landlords & investors in the office, industrial, retail & land
properties. www.omegare.com
Before:
After:
Thor Equities In $42M Philadelphia Office Condo Deal
by Steve Lubetkin, Globest.com
Thor Equities made its entry into the Philadelphia market, acquiring a three-story office condominium at 907 Market Street for $41.8 million.
The 214,000-square-foot property sits above the former Gallery mall being redeveloped by PREIT into Fashion District Philadelphia. The office complex is fully leased to Health Partners Plans, a not-for-profit health maintenance organization serving more than 280,000 members in Southeastern Pennsylvania.
“907 Market Street is a high-quality asset located in the heart of Market East, the fastest growing neighborhood in Philadelphia’s burgeoning City Center district,” says Joseph Sitt, CEO of Thor Equities.
Retail, residential and office development projects in Market East also include East Market and the Lits Brothers Building.
Scheduled to open in the fourth quarter of 2018, Fashion District Philadelphia will be the largest retail development in downtown Philadelphia, encompassing 840,000 square feet of shopping, food and entertainment destinations including an eight-screen AMC Theatre, Century 21, and the largest H&M in Philadelphia. The property also provides direct access to SEPTA’s Jefferson Station, and is within walking distance to Reading Terminal Market and the Pennsylvania Convention Center.
Confirmed East Market retail tenants include an Iron Hill Brewery & Restaurant, City Fitness, Columbia Sportswear, T.J. Maxx/Home Goods, and Federal Donuts. The mixed-use project will also include 175,000 square feet of office space, and 322 residential units.
Thor Equities also owns properties in New York, Washington, DC, Miami, Chicago, Houston, San Francisco and Los Angeles, and in Europe, Canada and Latin America.
www.omegare.com
Thor Equities made its entry into the Philadelphia market, acquiring a three-story office condominium at 907 Market Street for $41.8 million.
The 214,000-square-foot property sits above the former Gallery mall being redeveloped by PREIT into Fashion District Philadelphia. The office complex is fully leased to Health Partners Plans, a not-for-profit health maintenance organization serving more than 280,000 members in Southeastern Pennsylvania.
“907 Market Street is a high-quality asset located in the heart of Market East, the fastest growing neighborhood in Philadelphia’s burgeoning City Center district,” says Joseph Sitt, CEO of Thor Equities.
Retail, residential and office development projects in Market East also include East Market and the Lits Brothers Building.
Scheduled to open in the fourth quarter of 2018, Fashion District Philadelphia will be the largest retail development in downtown Philadelphia, encompassing 840,000 square feet of shopping, food and entertainment destinations including an eight-screen AMC Theatre, Century 21, and the largest H&M in Philadelphia. The property also provides direct access to SEPTA’s Jefferson Station, and is within walking distance to Reading Terminal Market and the Pennsylvania Convention Center.
Confirmed East Market retail tenants include an Iron Hill Brewery & Restaurant, City Fitness, Columbia Sportswear, T.J. Maxx/Home Goods, and Federal Donuts. The mixed-use project will also include 175,000 square feet of office space, and 322 residential units.
Thor Equities also owns properties in New York, Washington, DC, Miami, Chicago, Houston, San Francisco and Los Angeles, and in Europe, Canada and Latin America.
www.omegare.com
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