BETHEL, PA—Dermody Properties and Granite Real Estate Investment Trust have leased the majority of their 750,000-square-foot industrial facility in the Lehigh Valley to a global consumer electronics company they declined to identify. The company has leased 500,400 square feet of the facility, which is located in the 323-acre industrial park known as Berks Park 78.
BETHEL, PA—Dermody Properties Granite Real Estate Investment Trust Dermody Properties Granite Gene Preston Dermody Properties Berks Park 78 PetSmart Dollar General© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.
May 12, 2026
However, leasing dropped by eight percent.
May 12, 2026
Debt funds and mortgage REITs take the majority share while banks and CMBS pull back.
May 12, 2026
GlobeSt. will recognize those that drive the sector's performance as the 2026 Influencers in Industrial. Nominate a candidate before the submission deadline on May 27!