BETHLEHEM, PA-Four leases for an aggregate 14,779 sf take the most recent former Bethlehem Steel Co. headquarters building at 65 East Elizabeth Avenue here to 90% occupancy. The 10-story, 103,956-sf modern building at the corner of Elizabeth Avenue and Centre Street is among the steelmaker’s assets sold by a bankruptcy court last May.

Matt Dorman of Allentown, PA-based Summit Management and Realty Co. represented both the owner and the tenants in all of the recent transactions. Terms of the leases are undisclosed. Published rental rates for the building range from $14.75 per sf to $15.50 per sf.

Resources for Human Development leased the ninth floor, which totals 7,774 sf. North Penn Legal Services Inc. signed a five-year lease for 4,435 sf on the eighth floor. The Philadelphia-based law firm of Hecker Brown Sherry and Johnson LLP leased 1,870 sf of newly designed space on the fifth floor, and Dr. Frommer and the Family Care Associates of Bethlehem PC signed a renewal and expansion agreement for 700 sf.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.