The lease runs through 2009, he says, and tells GlobeSt.com, "we have an aggressive marketing plan and are actively pursuing tenants." He says the asking rental rate is $13 per sf, triple-net, "and we can divide it into spaces as small as 3,000 sf. It's a modern building in a great location," he adds. Walters Park LLC is the building owner.
The property has immediate access to Rte. 22 and I 78 and is within close proximity to Lehigh Valley International Airport. Among its amenities are windowed perimeter offices, private exercise facility with locker rooms, private kitchen/dining area with views, a lobby atrium and generous parking. There is a walking trail in the center and a nearby hotel and shopping area.
Garibaldi is a member of Corfac International. Ingersoll-Rand, which recently divested some of its businesses and went on to double profits this year versus last, is a longtime Garibaldi client, Bartolacci says.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.