29.5-acre tract in Bethlehem, PA, just sold to River Hills Estates

BETHELEHEM AND EASTON, PA—Colliers International's Allentown office brokered two property sales recently totaling more than 35 acres in Bethlehem and Easton, PA.

Kelly Berfield and Ryan Dietrick of Colliers International's Allentown office facilitated the sales.

Kelly Berfield, Colliers International, Allentown, PA

The first transaction involved 29.5 acres of land in Bethlehem Township, PA. The team represented both the buyer, River Hills Estates, affiliated with Cahill Properties, and seller Joanne Turocy in the sale of the parcel. The land is accessible to Route 33, I-78 and Route 22 and is just minutes to St. Luke's 500-acre Anderson Campus which features a108-bed hospital, state-of-the-art cancer center and medical office building. The site allots multiple uses under zoning and future plans for the site have not been finalized.

The second transaction involved the last remaining 6.6 acres of raw industrial-zoned land known as Conroy Place Lot 6 in the Forks Industrial Park IV on Conroy Place and Uhler Road in Easton, PA. Colliers represented both the buyer, Triple Net Investments LII and the seller in the $625,000 sale. Triple Net will construct a build-to-suit industrial facility for a future occupant on the site.

Ryan Dietrick, Colliers International, Allentown, PA

With construction of the property, the park will be considered fully built-out. Tenants include Martin Guitar, Easton Coach, Daniels Health, Kensington Home Fashions, TorcUP Inc., Kadco Ceramics and Curries. The site is just two miles from the Charles Chrin Interchange and the adjacent Chrin Commerce Centre, an area economic driver that is home to Amazon, Mondelez, Porsche, FedEx and others.

Instant Insights /

Colliers Brokers Two Lehigh Valley Land Sales for Development Purposes

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