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NAI Keystone - Bryan Cole, May 2010 Greater Reading Commercial Real Estate Newsletter

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NAI Keystone - Bryan Cole, May 2010 Greater Reading Commercial Real Estate Newsletter Powered By Docstoc
					          Greater Reading                                                                                                   May - June 2010



                                                                                                                             C HE
                                                                                                                                 CK 
Providing information and resources for the area's business and commercial real estate decision makers.                        PRO OUT O
                                                                                                                             INC PERTY UR 
                                                                                                                                 E
                                                                                                                             Mar/Apr 2010   
A Publication by Bryan E. Cole of NAI Keystone Commercial & Industrial, LLC                                                  SEC NTIVE
                                                                                                                                 TIO   
                                                                                                                                    N 
 STRAIGHT FROM THE NAI BLOG                    Tenant and Landlord Representation
                                               By Bryan Cole, of NAI Keystone Commercial & Industrial, LLC

 RACC leases space at                                                                             of what you are told.
                                               Tenant and Buyer Representation
    the Gateway  
                                               – You need representation too!
       Building                                                                                   A knowledgeable Tenant Rep could be
                                               Your primary objective is running your             extremely valuable in buying or leasing a
 NAI Keystone, with the assistance of                                                             facility. They can provide you with the
                                               business. While everyone has a little bit
 Greater Berks Development Fund and                                                               best case scenario between buying versus
                                               of knowledge of the current market con-
 RACC finalized a deal to lease 13,264 SF                                                         leasing. You would be surprised to
                                               ditions, it is always good to be repre-
 located at 201 Penn Street, The Gate‐                                                            know, when you add up all of the vari-
                                               sented by someone who is well aware of
 way Building in downtown Reading.             and understands all aspects of the cur-            ables involved, it may end up being much
 RACC will now occupy the entire 4th           rent market climate: i.e. rental rates,            cheaper to purchase a building rather than
 Floor of the building and brings occu‐        availabilities, incentives in the market,          lease a building and vice versa. A lot
 pancy to 100%.                                etc.                                               goes into a proposed deal: improve-
                                                                                                  ments, moving costs, professional fees,
                                               In most instances, your primary business           operating costs, tax advantages, and
                       36,000 Sq. Ft.                                                             much more. These can all be factored in!
                                               is not leasing or buying real estate.
                       Medical Lease 
                                               However, most property owners have
                                               leased space numerous times and some               - Continued on Page 5
                                               do it each and every day. Most of the
NAI Keystone, with the assistance of           time owners hire brokers to represent
Kinsley Construction and Metropolitan          them in leasing/selling and marketing
Management handled the lease of                their facilities. These brokers are known                        In This Issue
36,000 SF to The Reading Hospital at           as Listing Brokers. The brokers repre-             1          Straight from the NAI Blog
the Wyomissing Corporate Campus.               senting these properties have the                  1,4        Featured Article
The property is a Office Campus just off       owner’s best interest in mind. Do they             2          New Listings
State Hill Road in Wyomissing and has          have an advantage? Absolutely! The                 3          Industrial Listings
3 new buildings proposed.                      Listing Brokers are well aware of the              3          Current Requirements
                                               market, they are familiar with the com-            4          Resources
                                               petition, and they know what to do to get          4          Lease Types
                                               the most favorable terms for their owner.          5          Industrial Listings Cont.
 PROPERTY OF THE MONTH                                                                            6,7        Real Estate Listings Map
                                               Many tenants believe engaging a Tenant             8          Featured Property
                                               Rep will result in paying a higher rental          9          Sale-Leasebacks Article
                                               rate. Or, you may have heard from Ten-             10         Office Listings
                                               ant Reps that engaging a broker to repre-          11         Office Listings Cont.
                                               sent you will not cost you anything. So            12         Land and Investments
                                               what should you believe?                           13         Bryan Cole Resume

                                               In most instances, especially when there
                                               is a Listing Broker involved, there is               We are Looking for Professional
                                               already a brokerage fee incorporated into            Articles for our upcoming issues!
                                               the rental rate. This fee will be paid to
                                               the Listing Broker even if you are not
       Meridian Development                                                                         For More Information check
                                               represented. You are not saving money
       Wyomissing PA 19610                     by going into the deal alone, regardless           www.Bryanecole.com or email us at
Prime Condo opportunity in Spring Ridge 
Section.  Suites from 2,500 SF to 60,000                                                              Bcole@naikeystone.com
SF Available.  New Development.   
SALE OR LEASE                                                                                                   610.370.8502
                           ‐‐ See Page 8 

                                                     www.BRYANECOLE.com
           2                  ———————————— NEW LISTINGS ———————————–




     PLACE YOUR PROPERTY HERE



Contact Us Today!                                                                                 210 George Street, Muhlenberg PA 19605 
Bryan E. Cole @ 610 370 8502                                                               37,500 square foot multi tenanted office building in the 
Bcole@naikeystone.com                                                                      Reading suburb of Muhlenberg Township, Berks County, PA. 
                                                                                           Divisible to 1,500 SF. High Profile Location.  SALE OR LEASE 




            811 William Lane, Reading PA 19603                                                          525 Lancaster Avenue, Reading PA 
23,500 Sq. Ft. Office Building located on 3 acres in north Read‐                          110,000 Sq. Ft. Shell Building ready for renovation. Sits on 3.8 
ing. 7,500 Sq. Ft. available on the second floor, plus a 16,000                           acres with 524 off‐street parking spaces. Multiple uses allow‐
Sq. Ft. Build to Suit Opportunity. SALE or LEASE                                          able per zoning.  SALE OR LEASE 




               501 Crescent Avenue, Reading PA                                                   Build to Suit, 811 William Lane, Reading PA 
37,997 Sq. Ft. Office/Flex use building on 2.34 acres. 6,000 Sq.                          16,000 Sq. Ft. Build to Suit opportunity adjacent to 811 Wil‐
Ft. of warehouse/flex space available. Current tenants are PA                             liam Lane. Approved plans for office/flex style building .  SALE 
Career Link and Papa John’s Pizza.  SALE OR LEASE                                         OR LEASE 

Information concerning these offerings comes from sources deemed reliable, but no warranty is made as to the accuracy
thereof, and they are submitted subject to errors, omissions, change of price or other conditions, prior sale or lease, or with-
drawal without notice. All sizes approximate. NAI Keystone, 3970 Perkiomen Avenue, Suite 200, Reading PA 19606.
           3                  ———————————— NEW LISTINGS ———————————–




        700 Lancaster Avenue, Reading PA 19604                                                          New Medical Facility ‐ 15 Yr Lease 
13,600 Sq. Ft. Office Building. Recently completed redevelop‐                             16,000 Sq. Ft. newly constructed Medical Facility with 15 year 
ment project. 3,500 Sq. Ft. Available to use or lease.  SALE                              lease to a Credit Tenant.  High Profile Location.  SALE  




           Hamburg Industrial Sale—15 Yr Lease                                                          Rt. 183 Plaza ‐ Schuylkill Haven PA 
147,000 Sq. Ft. consisting of 2 Building’s situated on 12 Acres.                          10,400 Sq. Ft. fully leased retail strip center located along busy 
Credit tenant recently signed a 15 year lease. Part of Ham‐                               Rt. 183  Adjacent to Suburbs of Pottsville PA.  SALE  
burg, PA revitalization district at Rte 61/I‐78.   SALE  




     2640 Westview Drive, Wyomissing PA 19610                                                    501 Washington Street, Reading PA 19601 
Approximately 1,900 Sq. Ft. of Prime Class “A” office space                               108,000 Sq. Ft. Class B Office Building at the Corner of 5th & 
along State Hill Road.  Large on‐site parking field, and great                            Washington.  The building is under new management by NAI 
visibility. LEASE                                                                         Keystone.  Suites from 1,000 sf and up.  SALE OR LEASE 

Information concerning these offerings comes from sources deemed reliable, but no warranty is made as to the accuracy
thereof, and they are submitted subject to errors, omissions, change of price or other conditions, prior sale or lease, or with-
drawal without notice. All sizes approximate. NAI Keystone, 3970 Perkiomen Avenue, Suite 200, Reading PA 19606.
           4                  —————————— Featured Article cont. ———————————–
    Be sure to ask your Tenant Rep ques-                   sure you give yourself leverage                sources, promotional items, events, call lists, etc.
    tions. When it comes to buying or                      for future expansion (Right of                 There is much more to representing an owner than
    leasing real estate, having a good                     First Offer’s, Right of First Re-              just putting a sign on the building or lot.
    Buyer or Tenant rep on your side will                  fusal, etc.) and to ensure you
    save you money. You can also avoid                     take all future items into consid-             An effective broker utilizes all means possible to
    mistakes which could have long term                    eration.                                       get a quick and favorable deal for the owner. De-
    consequences.                                                                                         pending on the type of project, having a time line
                                                                                                          indicating what and when some of the items will
    Ways a tenant rep saves you                                                                           be completed is beneficial to owners.
                                                     Landlord Representation -
    money:
                                                     More than just putting a sign on Brokers will also be able to assist in maximizing
    •   By providing you all available               your property!                   your potential net income for a property, thus
        options in the market place as                                                                    maximizing value if you were to sell. Most bro-
        well as providing you a compari-             Landlord Representation is similar to                kers are paid a brokerage fee to represent a build-
        son report showing what options              tenant representation in that you need               ing. When working with a tenant or buyer repre-
        you have – factoring in all asso-            to understand the market conditions,                 sentative they would split that fee 50/50. When
        ciated costs; not just rental rate           competition, market rates, vacancies,                you start to question why a broker deserves a fee
        and length of lease.                         and a database of potential customers                of six percent, understand most brokers pay all
                                                     and targets.
    •   Knowledge –knowing the mar-                                                                       marketing costs, advertising fees, and office fees.
        ket, the rental rates, the incen-                                                                 Your broker is taking a risk whether your property
                                                     Landlord Representatives have a very                 sells/leases or not.
        tives being offered, and com-
                                                     large role to play. One of the biggest
        pleted deals.
                                                     disappointments an owner faces                       Another service broker’s offer is finding buyer/
    •   Familiarity with documents and               when working with brokers is the                     tenant’s that are qualified. The last thing you want
        an understanding of the process.             amount of time and effort put into                   is to have a tenant occupy space, spend money for
        (i.e. Request for Proposals                  their property. Another is the com-                  improvements, and default on a lease in 1 year.
        “RFP”, Letter of Intents “LOI”,              munication back and forth between
        Sales Agreement “AOS”, and                   the broker and the owner. Being an                   Be sure to ask your broker’s questions. When it
        lease documents.                             effective landlord rep takes time,                   comes to selling or leasing real estate, having a
                                                     energy, understanding, and the ability
    •   Lease vs. Lease Analysis and/or                                                                   good Listing Broker on your side will save you
                                                     to market a property effectively.                    time and money.
        Lease vs. Buy Analysis.
    •   Negotiating Skills – ability to              A good Landlord Representative has                   By Bryan Cole and John Buccinno, Industrial
        read the owner and the owner’s               a marketing plan that is ideally suited              and Office Specialists for NAI Keystone
        representatives and react to the             for the property he or she is repre-
        information received.                        senting. This means, having a step
    •   Ability to analyze and under-                by step process in which he/she will
                                                     market the property, and contact pro-                                   Featured Marketing Items
        stand your wants and needs –
        This allows your rep to make                 spective users. This would consist of
        sure you are not leasing more                website listings, marketing materials,
        space than you need, to make                 target companies, online marketing

 




                                                                                                                       2010 Global Market Report - Global
                                                                                                                              Market Information

                    http://bryanecole.com/Charities.html                                                               Commercial Real Estate Newsletter -


Information concerning these offerings comes from sources deemed reliable, but no warranty is made as to the accuracy
thereof, and they are submitted subject to errors, omissions, change of price or other conditions, prior sale or lease, or with-
drawal without notice. All sizes approximate. NAI Keystone, 3970 Perkiomen Avenue, Suite 200, Reading PA 19606.
 —————————— Real Estate Listings Map ———————————                                                                                                       5


Check out the new www.Bryanecole.com with
         improved Property Search and Map Search
                       Functions.




                                                           DEALS AND HIGHLIGHTS

 Kinsley Construction, Metropolitan Management and NAI                         NAI Keystone’s Bryan Cole and Steve Willems handle 13,000
 Keystone’s Bryan Cole and Steve Willems handle a 36,000 Sq.                   sq. ft. lease to Reading Area Community College at The Gate-
 Ft. office lease to The Reading Hospital & Medical Group. The                 way Building, 201 Penn Street in Downtown Reading. The site
 facility will be built within the Wyomissing Corporate Cam-                   is owned by Greater Berks Development Fund. RACC will
 pus. The site will continue to have 100,000 + Sq. Ft. for lease.              occupy the entire 4th Floor.
 Thank you to Kinsley Construction and Metropolitan, and
 TRHMG for their help in this transaction. NAI was the sole                    NAI Keystone’s Bryan Cole and Steve Willems has handles the
 broker involved in the transaction.                                           sale of the Former Reading Eagle Warehouse facility along
                                                                               Front Street. The facility was purchased by RACC and con-
 NAI Keystone handles the sale of 4850 Perkiomen Avenue to a                   sisted of 63,000 SF on 5.5 Acres.
 end user. NAI Keystone was the landlords representative in the
 transaction and the Buyer was not represented. The property is a              For More Information about Recent Deals and Highlights
 located in Exeter Township within close proximity to the new                  please check http://bryanecole.com/comapnynews.html or
 Exeter Commons. The facility is 12,000 sq. ft. and will be open-              join our mailing list for updated information and news.
 ing soon.

                               Information concerning these offerings comes from sources deemed reliable, but no warranty is made as to the accuracy
                               thereof, and they are submitted subject to errors, omissions, change of price or other conditions, prior sale or lease, or with-
                               drawal without notice. All sizes approximate. NAI Keystone, 3970 Perkiomen Avenue, Suite 200, Reading PA 19606.
6   —————————— Real Estate Listings Map ———————————
                                         Office Property


                                         Industrial Property


                                         Commercial Property


                                         Investment Property


                                         Land & Sites
      —————————— Real Estate Listings Map ———————————                                                                              7

          Office               City                  Property Name                 Commercial                City          Property Name 
1 Meridian Blvd          Wyomissing        Meridian Building                 426 Penn Avenue          West Reading      
3 Meridian Blvd          Wyomissing        Meridian Building 3               428 Penn Avenue          West Reading      
1075 Berkshire Blvd      Wyomissing                                          430 Penn Avenue          West Reading      
2001 State Hill Road     Wyomissing        Executive Park                    500 Penn Avenue          West Reading      
2755 Century Blvd        Wyomissing        Century Blvd Park                 502 Penn Avenue          West Reading      
2758 Century Blvd        Wyomissing        Century Blvd Park                 511 Reading Avenue       West Reading      
1030 Reed Ave            Wyomissing        Wyomissing Corporate Campus       5306 Allentown Pike      Temple           Temple Plaza 
10 Hearthstone Ct.       Exeter                                              Beech Street Property    Pottstown         
3970 Perkiomen Ave       Exeter            Exeter Ridge                                                                 
Iroquois Ave             Sinking Spring    Hoffman Industries Office Park                   Land             City           Ground Type 
101 S. Centre Ave        Leesport          Former Brickel’s Facility         201 Front Street         Hamburg          Retail Ground 
400 W. Lancaster Ave     Shillington                                         301 Golden Oaks Drive    White Haven      Residential Approved 
850 Golden Dr            Blandon           MaidenCreek Plaza                                                           Ground 

201 Penn Street          Reading           Gateway Building                  2370 Bernville Road      Bernville        Retail Ground 
                                                                             (183) 
777 Court Street         Reading           Berkshire Towers 
                                                                             725 Hex Hwy              Hamburg          Residential Ground 
50 North 4th St.         Reading           Washington Towers 
                                                                             I‐84, Pike County        Pike County      Industrial Ground 
501 Washington St        Reading           Berkshire Building 
                                                                             Rt. 724                  Birdsboro        Residential Approved 
210 George Street        Muhlenberg        Muhlenberg Plaza 
                                                                                                                       Ground 
525 Lancaster Avenue     Reading                                             Union Street             Pottsville       Retail Ground 
                                                                             3 Meridian Blvd          Wyomissing       Office Ground 
        Industrial             City                  Property Name                                                      
30 North 3rd Street      Womelsdorf        Former Double H Boot                    Investments               City          Investment Type 
                                           Facility 
                                                                             201 Front Street         Hamburg          Industrial Tenant ‐ Sale 
171 Tuckerton Road       Muhlenberg        Former Power Pckg                                                           Leaseback ‐ 15 Yr NNN  
                                           Warehouse 
                                                                             1 Norwegian Blvd.        Pottsville       Office Building ‐ Fully 
1055 Cross Roads         Muhlenberg        Former Power Pckg Plant                                                     Leased 
1157 Arnold Road         Muhlenberg        Airport Industrial Park           Rt. 901                  Minersville      Retail Strip Center 
201 S. Front Street      Reading           Former Reading Eagle  
                                                                             700 Lancaster Avenue     Reading          Office Building 
                                           Facility 
                                                                             501 Crescent Avenue      Reading          Office Building 
2018 N. 11th Street      Reading            
                                                                             Office Build to Suit     Not Disclosed    Medical Facility ‐ 15 Yr 
3001 St. Lawrence Ave    Exeter            Goodwill Building 
                                                                                                                       Lease NNN 
330 N. Wyomissing Ave    Shillington       Former Goodwill Industries 
725 Hex Hwy              Hamburg           Former West Side Wood Pro. 
1298 Keystone Blvd       Pottsville        Fanelli Warehouse  
1070 Centre Turnpike     Orwigsburg        Former MRD Lumber 
1584 Bunting Street      Minersville       Former Kane Steel 
811 William Lane         Reading           Wesco Warehouse Facility
           8                      —————————— Featured Property ———————————–
PROPERTY OF THE MONTH




       Spring Ridge Campus 
    3 Meridian Blvd, Wyomissing 
             PA 19610 
                   
•       Single Story Prime Office or Medi‐
        cal Buildings  in Wyomissing PA.  
•       64,400 Sq. Ft. Corporate Campus. 
•       Condo Sale Opportunities 
•       Build to Suit Available 
•       Professionally Managed 
                                                                                                                            Preliminary Site Plan 

                                          Building 1A: 12,400 Sq. Ft. - Divisible to 3,000+/-Sq. Ft. For Lease
                                          Building 1B: 16,600 Sq. Ft. - Divisible to 3,000+/- Sq. Ft. For Lease
                                          Building 1C: 23,000 Sq. Ft. - Divisible to 3,000+/-Sq. Ft. For Lease
                                           Building 2: 12,400 Sq. Ft. - Divisible to 3,000+/-Sq. Ft. For Lease

  Property is situated along Meridian Boulevard in Spring Township. Property is within close proximity of
  major retailers, restaurants and other amenities including Target, Weiss Market, Barnes & Nobles, Chili’s,
Panera Bread to name a few. Great access to Berks county road systems within 1 mile of the ramps to Rte 222.

                                        Join the Meridian Place Class AAA Office Campus
           1 Meridian Blvd 
         Wyomissing, PA 19610 
     
    •    40,000 Sq. Ft. Premium Office 
         Space Available 
    •    Divisible to +/‐ 2,000 Sq. Ft. 
    •    On‐Site Cafeteria 
    •    Fitness Center 
    •    24/7 Security 
    •    Adjacent to Broadcasting 
         Square Shopping Center 
    •    Attractive Rates 


Information concerning these offerings comes from sources deemed reliable, but no warranty is made as to the accuracy
thereof, and they are submitted subject to errors, omissions, change of price or other conditions, prior sale or lease, or with-
drawal without notice. All sizes approximate. NAI Keystone, 3970 Perkiomen Avenue, Suite 200, Reading PA 19606.
  ——————–—— Resources, Incentives & Retail—————————–                                                                         9

                                                                 RESOURCES

   TEAM NAI Keystone: 
    
   NAI Keystone Commercial & Industrial, LLC provides businesses with the highest quality services and the best real estate 
   solutions for maximizing profitability and performance levels.  As a result of our commitment to excellence, we have won 
   the respect of local, national and international clients since our inception. Our clients range from Fortune 1000 corporations, 
   major banks and insurance companies to investors, private institutions, small businesses and local organizations. 
    
   Services Rendered: 
    
   • Tenant/Buyer Representation                            • 1031 Tax Deferred Exchanges 
   • Sales/Leasing/Subleasing                               • Business and Market Data 
   • Major Project Marketing                                • Portfolio Optimization 
   • National and International Corporate Services  • Investment Analysis 
   • Build‐To‐Suit Projects                                 • Property Management ‐ Commercial, Multi Family, Industrial 


          <<<<<<<<<<<<<<< INCENTIVE SECTION >>>>>>>>>>>>>>>




           30 North 3rd Street,                     3001 St. Lawrence Avenue,                Reed Avenue & Spring Street,  
          Womelsdorf PA 19567                           Reading PA 19606                        Wyomissing PA 19610 
                                                                                             
   120,000 Sq. Ft. Manufacturing Ware‐          30,000 Sq. Ft. for Lease in Mt. Penn PA.    Office Space; 158,000 Sq. Ft. Corp 
   house SALE OR LEASE                          LEASE                                       Campus ‐ Divisible to 2,500 SF LEASE 
                                                                                             
   New Lease Rate at $1.99 PSF and Re‐          New Lease Rate of $4.00 + Utilities for     Reduced to $13.85 NNN with $40.00 
   duced Sales Price!!!!                        “A” Warehouse Space ‐ High Ceilings         Tenant Improvement Allowance 


                                        —————————— Retail Properties ———————————–




       5306 Allentown Pike, Reading PA 19605                                 1800 Kutztown Road, Reading PA 19604 
2,300 + Sq. Ft. prime retail space located in front of Sam’s          7,300 + Sq. Ft. single story building with loading dock.  Wide 
Club. Over 19,000 vehicles per day. Additional storage facili‐        column spacing makes this a great use for either Industrial or 
ties/warehouse space available on‐site. LEASE                         Retail users. LEASE or Sale 
          10                    —————————— OFFICE LISTINGS ———————————–




                                                                                                                                                             
                                                                                                                                    Hillvale & Iroquois Ave,  
                                                                                                                                              Sinking Spring  
                                                                                                                          Class A Office complex with all approv‐
          1 Meridian Blvd, Wyomissing PA 19610                                                                            als in place.  Site will range from a 
Class A Office Building located just off Route 422 and Route                                                              6,000 SF building to a 53,160 multi 
222 in Wyomissing.  High Profile location, with cafeteria on‐                                                             story office building.   
site, conferencing facility, and gym.  45,000 SF available which                                                                                      SALE OR LEASE 
is divisible to 2,500 SF.  LEASE 




            Spring Street, Wyomissing PA 19610                                                         201 Penn Street, Reading PA 19601 
Prime Office Space in Wyomissing PA.  158,000 Sq. Ft. Corpo‐                              95,000 Sq. Ft. Class A Office Facility in Downtown Reading.  
rate Campus with 11,000 Sq. Ft. available immediately; build                              Prime location with suites from 3,500 Sq. Ft. available.  Intro‐
to suit opportunities, to 50,000 + SF.   LEASE                                            ductory Rate of $7.50 Per SF.   SALE OR LEASE 




      3970 Perkiomen Avenue, Reading PA 19606                                                       3 Meridian Blvd, Wyomissing PA 19610 
Newly constructed Class A office building in Exeter Township.                             Single Story Condos to be built at Spring Ridge.  Prime office 
Prime location with ready to design floor plates.  Green Con‐                             and Medical space available with over 5 parking spaces per 
struction and Loaded with Newest Technology. SALE OR LEASE                                1,000 sq. ft.   SALE OR LEASE 

Information concerning these offerings comes from sources deemed reliable, but no warranty is made as to the accuracy
thereof, and they are submitted subject to errors, omissions, change of price or other conditions, prior sale or lease, or with-
drawal without notice. All sizes approximate. NAI Keystone, 3970 Perkiomen Avenue, Suite 200, Reading PA 19606.
  ————————–—– OFFICE LISTINGS cont. ———————-——–                                                                                                        11




       10 Hearthstone Court, Exeter PA 19606                                              3602 Kutztown Road, Reading PA 19605 
13,000 Sq. Ft. Office Building on 1.2 acre site with great access                5,000 SF of Prime downtown Office space with off street park‐
to Rte 422. Excellent lease opportunities with 6 months free                     ing adjacent to Muhlenberg  School District.  Can be config‐
rent for 3 year terms or more.   LEASE                                           ured to tenants needs.   LEASE 




       108 South 5th Street, Reading PA 19601                                          1075 Berkshire Blvd, Wyomissing PA 19610 
                                                                                2,120 Sq. Ft. prime Wyomissing office space with medical type 
8,000 Sq. Ft. Office Building adjacent to the Reading Public 
                                                                                fit‐out and large on‐site parking field.  Property is ideal for 
Library. Excellent office or retail opportunities with 26 off‐
                                                                                many types of users and has below market rents.  LEASE 
street parking spaces.   LEASE 




                  Park Road, Blandon PA                                                     School Side Plaza, Leesport PA 19533 
Prime Retail Office Space in Blandon Twp.  The site is known as                 Excellent office space available in this multi‐tenanted building, 
MaidenCreek Towne Center and has up to 24,000 Sq. Ft. avail‐                    well‐suited for small businesses or individual users. Spaces 
able, Divisible to 1,300 Sq. Ft. LEASE                                          range from 150 SF to 5,500 SF.  LEASE 

                                Information concerning these offerings comes from sources deemed reliable, but no warranty is made as to the accuracy
                                thereof, and they are submitted subject to errors, omissions, change of price or other conditions, prior sale or lease, or with-
                                drawal without notice. All sizes approximate. NAI Keystone, 3970 Perkiomen Avenue, Suite 200, Reading PA 19606.
 ——————–—— INDUSTRIAL LISTINGS cont. —————————–                                                                                                         12




                                                                                             201 S. Front Street, Reading PA 19601 
         1157 Arnold Road, Reading PA 19605                                       60,000 + Sq. Ft. situated on 5+ Acres and located just off Penn 
  Up to 82,500 Sq. Ft. available in this 219,000 Sq. Ft. Class A                  Street in Reading.  Easy access to Route 422 and has high ceil‐
   Distribution Center.  Site has high dock/sq. ft. ratio and is                  ings and Is crane served.  SALE OR LEASE 
          available from 10,000 Sq. Ft. and up.   LEASE 




         1157 Arnold Road, Reading PA 19605                                                   30 North 3rd Street, Womelsdorf PA  
  Up to 82,500 Sq. Ft. available in this 219,000 Sq. Ft. Class A                  120,000 Sq. Ft. Manufacturing Warehouse Building for only 
   Distribution Center.  Site has high dock/sq. ft. ratio and is                  1,600,000.  Property is situated on a 5 acre lot and has easy 
       available from 10,000 Sq. Ft. and up.   SUB‐LEASE                          access to Route 422.   SALE OR LEASE 




         1070 Centre Turnpike, Orwigsburg PA                                              1450 Main St., Shoemakersville PA 19555 
20,000 Sq. Ft. Warehouse/Retail Site along Rt. 61 in Orwigs‐                      13,000 Sq Ft  newly renovated warehouse with high efficiency 
burg.  The site has high visibility and is very well maintained.                  bay lighting, insulated walls, ceiling  and new heater. 28’ ‐ 30’ 
High ceilings and large fenced lot.  SALE OR LEASE                                ceiling heights, 2 docks, 1 drive in. LEASE 

                                 Information concerning these offerings comes from sources deemed reliable, but no warranty is made as to the accuracy
                                 thereof, and they are submitted subject to errors, omissions, change of price or other conditions, prior sale or lease, or with-
                                 drawal without notice. All sizes approximate. NAI Keystone, 3970 Perkiomen Avenue, Suite 200, Reading PA 19606.
 ———————————— INDUSTRIAL LISTINGS ————————                                                                                                             13




       171 Tuckerton Road, Reading PA 19605 
208,500 Sq. Ft. of Prime Distribution Space; Cross Dock Layout                       3001 St. Lawrence Avenue, Reading PA 19606 
with easy access to Route 422/61.  Below market rents with                      30,000 Sq. Ft. for Lease in Mt. Penn PA.  Owned by a National 
visibility from Route 222. LEASE                                                Corporation;  high bay ceilings and self access.  Great location 
                                                                                along St. Lawrence Avenue.  LEASE 




           1298 Keystone Blvd, Pottsville PA                                           330 Wyomissing Blvd, Shillington PA 19607 
37,500 Sq. Ft, Prime Warehouse space located in High Ridge                      28,000 + Sq. Ft. Two Story Warehouse/Office Building located 
Business Park.  Just of I‐81 the site is ideal for any type of                  in Shillington PA.  Prime residential conversion opportunity.  
warehouse user.  LEASE                                                          Situated on a 1.76 acre fenced lot.  SALE OR LEASE 




         1055 Cross Roads, Reading PA 19605                                                184 Tuckerton Road, Reading PA 19605 
324,162 Sq. Ft. Distribution and Manufacturing Facility.  High                   245,000 Sq. Ft. of Prime Distribution Space; Cross Dock Layout 
Ceilings; Food Grade, 51 Dock Positions, Extensive Electrical,                   with easy access to Route 422/61.  Below market rents with 
1.7 Million GPD Water & 700 K GPD Sewer.  SALE OR LEASE                          visibility from Route 222. LEASE 

                                Information concerning these offerings comes from sources deemed reliable, but no warranty is made as to the accuracy
                                thereof, and they are submitted subject to errors, omissions, change of price or other conditions, prior sale or lease, or with-
                                drawal without notice. All sizes approximate. NAI Keystone, 3970 Perkiomen Avenue, Suite 200, Reading PA 19606.
 ——————–—— INDUSTRIAL LISTINGS cont. —————————–                                                                                                        14




        725 Hex Highway, Hamburg PA 19526                                                        1456 Rt 61, Pottsville PA 17972 
15,000 Sq. Ft. of Building’s situated on 7.8 Acres.  This site is                10,00 Sq. Ft. Cross Docked Warehouse/Flex Building located 
prime for commercial or redevelopment into Residential. Easy                     along Rt. 61; 18’6” clear ceiling heights situated on 4.8 acres.  
access to I‐78/Rt. 61 and Cabela’s.  SALE OR LEASE                               Easy access to I‐81 and I‐78.  LEASE 




         430 Franklin Street, West Reading PA                                              209‐229 Lancaster Avenue, Reading PA 
Former West Reading Fire House, this unique building has po‐
                                                                                 Great Retail location, with high traffic counts and roof tops.  
 tential for variety of uses, with both office and storage capa‐
                                                                                 Site is currently in shell condition. SALE OR LEASE 
bilities.  Currently 3,000 sf to lease and total of 6,000 S.        
                          SALE OR LEASE 




          425 Lancaster Avenue, Reading PA                                                        341 Beech Street, Pottsville PA 
Located at Singled corner of Grace Street and Lancaster Ave‐                     Prime Re‐Development/conversion opportunity near the Main 
nue, this site is ideal for a redevelopment.  Potential of an ad‐                retail area of Pottstown.   Approved plans in place along with 
ditional .83 acres could be assembled. SALE OR LEASE                             grant money and development loans available..  SALE 

                                Information concerning these offerings comes from sources deemed reliable, but no warranty is made as to the accuracy
                                thereof, and they are submitted subject to errors, omissions, change of price or other conditions, prior sale or lease, or with-
                                drawal without notice. All sizes approximate. NAI Keystone, 3970 Perkiomen Avenue, Suite 200, Reading PA 19606.
—————————— LAND & INVESTMENTS ——————————                                                                                                            15

                                                            LAND OPPORTUNITIES




 Prime Retail Ground in           Fully Approved Residential Land Opportunities - Two Sites;                                  Prime Retail Ground on
Hamburg PA. New Curb              One in Berks County and One in Monroe County. Sale                                         Route 61 in Pottsville PA.
cuts proposed right onto          We are selling the entire development - Not Individual Lots                                  Frontage on Route 61.
 Route 61 from the site.          Berks County - Just off Route 724 - 77 Townhouse Lots                                           Sale or Lease
     Sale or Lease.               Carbon County - Very Close Proximity to Pocono Resorts




                             CALL FOR ADDITIONAL DETAILS AND OFFERING PACKAGES


                                                        INVESTMENT OPPORTUNITIES




147,000 Sq. Ft. Industrial           16,000 Sq. Ft. Medical                         10,400 Strip Center                      39,000 Sq. Ft. Office/Flex
        Facility                        Mechanicsburg                                Schuylkill County                                Facility
   15 Yr NNN Lease                     15 Yr NNN Lease                                Multi Tenanted                         Largely Occupied by One
     Credit Tenant                       Credit Tenant                                 Fully Leased                              Tenant -- Includes
     Hamburg PA                        New Construction                                                                        Papa Johns Retail Site


                             CALL FOR ADDITIONAL DETAILS AND OFFERING PACKAGES


                                             WE HAVE BUYERS AND TENANTS LOOKING FOR

                                            We Represent Tenants and Buyers as well…

We are looking for the following:

•   10,000 - 15,000 Sq. Ft. Flex Space by Reading Airport
•   60,000 Sq. Ft. Warehouse/Distribution Space
•   Any and All Investment Opportunities
•   Medical Space for Sale or Lease
•   Land for Industrial Big Box Development - 50+ Acres
•   Medical Sale Leaseback Opportunities
•   Retail Land - Including Lighted Corners and Large Tracts.

                    If you are looking for space give us a call, we will do all we can to help...


                             Information concerning these offerings comes from sources deemed reliable, but no warranty is made as to the accuracy
                             thereof, and they are submitted subject to errors, omissions, change of price or other conditions, prior sale or lease, or with-
                             drawal without notice. All sizes approximate. NAI Keystone, 3970 Perkiomen Avenue, Suite 200, Reading PA 19606.
Bryan E. Cole of NAI Keystone Commercial & Industrial, LLC                                                            16

                    Bryan E. Cole                                                    John Buccinno
                    Office and Industrial Specialist                                 Office Specialist

                    Bcole@naikeystone.com                                            Jbuccinno@naikeystone.com
                    Phone 610.370.8502                                               Phone 610.370.8508
                    Fax    610 779 1985                                              Fax     610 779 1985
                            www.Bryanecole.com                                                www.Bryanecole.com

Bryan joined NAI Keystone in July of 2004, but before join-      John started his professional career after graduating from Uni-
ing NAI Keystone, Bryan Cole spent 4 year’s active duty in       versity of Michigan working with the consulting firm Booz,
the U.S. Marine Corp, including a 6 month deployment in          Allen & Hamilton in the early 1990's. After learning a little
Afghanistan, a 4 month deployment in Kuwait/Iraq, and a 7        about business in the outside world John opened his own busi-
month deployment in Japan. Prior to joining the military         ness in commercial/residential lending and real estate devel-
Bryan was involved in the construction of commercial and         opment in 1992. The business grew to a 45 person operation
multi-unit properties in the Philadelphia suburbs. Bryan has     with 3 locations and $15 million a year in gross revenues. In
experience working with a diverse group of individuals in        2005 John sold his business and began the process of re-
numerous countries throughout the world. During Bryan’s          educating himself in the world of Commercial Real Estate.
time with NAI Keystone, he has sold and leased in the excess     After finding that the best team in Berks County resides at
of $95 Million Dollars worth of Commercial Real Es-              NAI Keystone Commercial & Industrial, LLC John was eager
tate. Because of this, Bryan earned NAI gold club status his     and proud to join the operation in 2007 to further develop his
first year in the business which is presented to approximately   consulting and management skills in the field of commercial
75 - 100 brokers within the NAI Global network, which is         real estate. John is currently working on his CCIM designa-
comprised of over 8,000 Brokers. Bryan is currently working      tion and with all of the course work completed it wont be long
on earning both his CCIM designation and SIOR designation.       before he meets all of the requirements to be a Certified Com-
Bryan is currently NAI Keystone's Top Performer for 2006,        mercial Investment Manager. John is a licensed broker in
2007, 2008, and 2009.                                            Pennsylvania and Michigan.




                                                                                                    Return Service Requested

                                                                                                         www.Bryanecole.com
                                                                                                         bcole@naikeystone.com
                                                                                                         610.779.1985 (Fax)
                                                                                                         610.779.1400 (Phone)

                                                                              Reading, PA 19606
                                                                              Suite 200
                                                                              3970 Perkiomen Avenue
                                                                              Exeter Ridge Corporate Center
                                                                              NAI Keystone Commercial & Industrial, LLC
                                                                                                                    Bryan E. Cole
                                   Bryan E. Cole

				
DOCUMENT INFO
Description: NAI Keystone's Bryan Cole - May 2010 Newsletter Publication - A Publication by Bryan Cole and NAI Keystone Commercial & Industrial, LLC, Information about the Berks and Schuylkill County market, and properties for sale or lease.
Bryan Cole Bryan Cole Sales Broker www.Bryanecole.com
About Bryan joined NAI Keystone in July of 2004, but before joining NAI, Bryan Cole spent 4 year’s active duty in the U.S. Marine Corp, including a 6 month deployment in Afghanistan, a 4 month deployment in Kuwait/Iraq, and a 7 month deployment in Japan. Prior to joining the military Bryan was involved in the construction of commercial and multi-unit properties in the Philadelphia suburbs. Bryan has experience working with a diverse group of individuals in numerous countries throughout the world. During Bryan’s time at NAI, he has sold and leased in the excess of $130 Million Dollars worth of Commercial Real Estate. Because of this, Bryan earned NAI gold club status his first year in the business. Bryan is currently working on earning both his CCIM designation and SIOR designation. Bryan has recently been named Top Performer for 2006 - 2009.