2147 Avenue C, Bethlehem, PA
BETHLEHEM AND FORKS TOWNSHIP, PA—J.G. Petrucci Co. has acquired two properties in the Lehigh Valley.
“We have a long history of providing turnac-key real estate solutions throughout the Lehigh Valley and New Jersey,” says Jim Petrucci, founder and president of J.G. Petrucci Co. “As the region continues to grow and attract businesses, these strategic acquisitions will enable our company to offer clients an extensive menu of flexible properties available for lease.”
2147 Avenue C, located in Bethlehem, PA, is a 32,000 square-foot industrial flex building with a secure, gated, storage yard and excellent access to all major roadways. Mike Capobianco, SIOR of Markward Group, represented both the buyer and the seller in the transaction. Petrucci has retained Capobianco as the exclusive broker for the property and is actively marketing the building to users seeking flex industrial space available for lease.
In Forks Township, PA, Petrucci purchased a 6.6-acre site that is ideal for small industrial flex users seeking easy access to New Jersey. The property is located less than 2-miles from the Charles Chrin Interchange and just minutes from New Jersey.
Petrucci has plans to construct a 55,000 square-foot building at the property. The company has a wealth of experience developing properties in Forks Township for food manufacturing users such as Bethlehem Sausage Works and Norac Group, USA; and the design/build construction of a specialized perlite manufacturing facility for Silbrico Corporation.
Kelly Berfield and Ryan Dietrick of Colliers International represented both the buyer and seller in the transaction. The team has been retained as the exclusive broker for the project.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
