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Light industrial rents skyrocket 30% in Northeast, but the Lehigh Valley may benefit
Rent prices for logistics facilities in the Northeast U.S. Corridor are skyrocketing, but that may be good news for developers and property managers in the Lehigh Valley and Central Pennsylvania.
Construction boom continues for Light Industrial properties along I-78/I-81 corridor
The overwhelming demand for light industrial and warehousing space along the I-78/I-81 corridor should last through the end of the year and likely beyond, said Vince Ranalli, executive vice president for CBRE.
Construction boom continues for Light Industrial properties along I-78/I-81 corridor
The overwhelming demand for light industrial and warehousing space along the I-78/I-81 corridor should last through the end of the year and likely beyond, said Vince Ranalli, executive vice president […]
As demand for industrial space rises, River Pointe developers expand building plans
As demand for light industrial and logistics facilities continues to outpace available space, developers are making changes to the plans for River Pointe Commerce Park in Upper Mount Bethel to meet that demand.
CBRE report: demand for commercial real estate remains high, prices rise in 2020
Despite the pandemic, or in some ways even because of it, commercial real estate demand was strong along the Pennsylvania I-78/I-81 corridor, exceeding the demand over the prior year and driving up commercial real estate leasing rates to record highs.
Light industrial buildings near LVIA sell for $26.7M
A three-building 380,000-square-foot portfolio of light industrial buildings on Cascade Drive in Hanover Township, Lehigh County has been sold to an investor for $26.7 million.
