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Growth in business sector keeps commercial properties in demand
Demand for commercial real estate is keeping the market hot, despite rising interest rates and the cost of construction supplies.
Low inventory continues to drive up home prices
With low housing inventory driving price increases, the Greater Lehigh Valley Realtors are reporting that the median sales price for a home in the Lehigh Valley in August was $331,750. That is still lower than the record high in June, which was $335,00.
Construction starts on industrial building near Reading Airport
An affiliate of Endurance Real Estate Group, LLC (“Endurance”) has started construction on Logistics Center at 183, a new industrial building.
Lehigh Valley Town Center gets conditional use approval
Jaindl Land Company received conditional use approval from the Lower Macungie Township Board of Supervisors for its planned Lehigh Valley Town Center.
Regional real estate offices announce merger
A major merger in the regional real estate market has just been announced.
More than $110,000 in unclaimed property returned to Northampton
Christmas came early to 217 Northampton County residents who received a combined total of more than $110,000 in unclaimed property from the state.
New hybrid workspace planned for Reading
A new hybrid workspace is coming to Reading as part of IWG’s continued expansion into Pennsylvania.
Nine luxury apartments planned for downtown Bethlehem
A Bethlehem real estate firm is planning to convert a downtown Bethlehem building into nine luxury apartments and three retail shops.
Lehigh Valley Town Center planned for Lower Macungie Township
Jaindl Land Company is planning to build a mixed-use development on 60 acres that will include 550 residential units in Lower Macungie Township.
Serfass to build 118 luxury rentals in Allentown’s Dream Grand Plaza
Allentown-based Serfass Construction Co. Inc., a family-owned business firm specializing in multi-unit residential and commercial projects, has been retained by DLP Capital to construct 118 market-rate luxury rental units within the 350,000-square-foot Dream Grand Plaza building in Allentown.
Nathan’s food truck opens in Allentown as restaurant delayed
While his Nathan’s Famous restaurant waits to get built – the first in the Lehigh Valley for the iconic brand best-known for its hot dogs – franchisee Nat Hyman is supplying hungry customers with the next best thing.
