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.
November 2010 Greater Reading Providing information and resources for the area's business and commercial real estate decision makers. CHE CK A Publication by Bryan E. Cole of NAI Keystone Commercial & Industrial, LLC PRO OUT O Mar/Apr 2010 INC PERTY UR EN SEC TIVE Greater Reading Office Market Report: 4th Qtr. 2009 to TIO STRAIGHT FROM THE NAI BLOG N 1st Qtr. 2010 900 South 4th Street Hamburg, The fourth quarter of 2009 was a slow Pa 19526 and painful period for office space in the user in Wyomissing and a 10,000 square Greater Reading Market. Vacancy rates foot lease signed in Wyomissing. These increased throughout the county as com- deals are from companies within the panies were downsizing, relocating to County, however by adding to their over- NAI Keystone Commercial & Industrial, LLC’s smaller spaces, or closing operations. all presence they are reducing the amount Bryan Cole completes the sale of the former The market faced challenges in the 4th of space currently on the market. Schlenker Ford Site in Hamburg Pa to Outten quarter with Class ―A‖ building vacan- Cars. The property was owned by Pete and Dale Schlenker. The facility was a 2.2 acre lot cies increasing from 7.5% to 10%, main- Deals are getting done because landlords located at the intersection of Rte. 61 and 4th ly due to the increased development and are reacting to current market conditions, street in Hamburg Pa. The site will be utilized by softening demand at the higher price which means companies are getting fa- Outten Cars for a KIA dealership. points, along with stiff competition from vorable incentives, such as introductory aggressive landlords. Class ―A‖ build- rates, rent abatements and additional ten- ings have typically been a safe sector in ant improvements. Also, landlords are 171 Tuckerton Rd the marketplace because of low invento- now offering tenant improvements and Reading, P 19605 ry; however with new developments incentives to keep their existing tenants. coming on line, and companies looking for lower rents the Class ―A‖ sector is seeing less demand, greater competition NAI Keystone Commercial & Industrial, LLC’s Bryan Cole and Steve Willems completes a and more vacancy. In This Issue lease for 220,000 sf. of Distribution/ Production 1 Straight from the NAI Blog space to a National firm. The property is owned The Class ―B‖ sector experienced the 1,4 Featured Article by Endurance Real Estate and Brasler Proper- same issues in the 4th quarter 2009 as did 2 New Listings ties, a private investment firm in Pa. The proper- ty will be leased for fifteen years and is valued Class ―A‖ due to the economic condi- 3 Industrial Listings around 10,400,000. The building will be flag ship tions. Vacancy rates increased mildly 3 Current Requirements for the company and will create numerous jobs. from 13.4% to 14% while rental rates 4 Resources dipped more than 10%. Base rates with- 4 Lease Types in this sector range from $8-9 per square 5 Industrial Listings Cont. foot and topping out at $12-13 per 6,7 Real Estate Listings Map PROPERTY OF THE MONTH square foot with gross rates coming in 8 Featured Property around $15-16 per square foot. 9 Sale-Leasebacks Article Downtown City of Reading vacancy 10 Office Listings rates continue to increase in late 2009 11 Office Listings Cont. with rates rising 14.5% to 17.5% with 12 Land and Investments much of the vacancy surrounding large 13 Bryan Cole Resume blocks of contiguous space. 2010 is showing some signs of hope, with new leases and deals being con- summated including the 175,000 square foot Acute Care Center that was built by the Reading Hospital and Medical Cen- Meridian Development ter in Wyomissing, a 32,000 square foot Wyomissing PA 19610 newly executed lease with a medical Prime Condo opportunity in Spring Ridge Section. Suites from 2,500 SF to 60,000 SF Available. New Development. SALE OR LEASE -- See Page 8 www.BRYAN-COLE.com 2 ———————————— NEW LISTINGS ———————————– PLACE YOUR PROPERTY HERE Contact Us Today! 15 North 6th Street Reading, PA Bryan E. Cole @ 610 370 8502 Retail or office. 12,952 Sq. Ft. Easily divisible. Great down- Bcole@naikeystone.com town location. Within walking distance of parking garages. SALE OR LEASE Deer Lake Plaza Rte. 61 Orwigsburg, PA 525 Lancaster Avenue, Reading PA Delivery of Retail and Office Sites approx. Summer 2011. 110,000 Sq. Ft. Shell Building ready for renovation. Sits on 3.8 Great access and visibility. 48,000 Sq. Ft. retail strip. Signal- acres with 524 off-street parking spaces. Multiple uses allowa- ized intersection, 4 pad sites and an 18,000 Office Building. ble per zoning. SALE OR LEASE SALE OR LEASE 555 Van Reed Rd Wyomissing, Pa Build to Suit, 811 William Lane, Reading PA 12,400 +/- Sq. Ft. building comprised of two floors of 16,000 Sq. Ft. Build to Suit opportunity adjacent to 811 Wil- 6,200 +/- Sq. Ft.. Over 50 parking spaces, building great liam Lane. Approved plans for office/flex style building . flexibility for many different types of uses. SALE OR LEASE 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 ———————————– Not Actual Photo 220 N. Park Rd Wyomissing, Pa New Medical Facility - 15 Yr. Lease Retail development. 10 Acres site. Across from VF outlet, 16,000 Sq. Ft. newly constructed Medical Facility with 15 year Great location in the heart of Berks wealthiest subdivision. lease to a Credit Tenant. High Profile Location. SALE Progress Electric and Panda Haven on site. SALE OR LEASE Former Ted Smith Building 2640 Westview Drive, Wyomissing PA 117 Morgan Drive Spring Twp., PA Approximately 1,900 Sq. Ft. of Prime Class “A” office space 49,125 Sq. Ft. of facility. Easily divisible. Corner lot, busy inter- along State Hill Road. Large on-site parking field, and great section with Rte. 724 exposure. 70+ cars paved parking. Will visibility. LEASE divide to 10,000 Sq. Ft. LEASE. Route 183 Plaza Schuylkill Haven, PA Shillington Bank Site Two store fronts available. 1300 Sq. Ft each. Can be com- Two pad sites available. Proposed Pharmacy and Bank Pad bined. Flexible lease terms. Frontage on Rte. 183 with 70 park- locate a prime interchange in Shillington. High Traffic Counts, ing spaces. LEASE OR SALE Roof Tops, and access from both roads. 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. ———————————– Class ―A‖ vacancy so far in the first Berks Development Fund and Berks occurring mostly in the City of Reading. quarter of ’10 has remained stabile Economic Partnership leasing space with current rates ranging from at 201 Penn Street the market re- The City of Reading and economic development $15.50 - $16.75 (Triple Net) on the mains flat due to these companies groups have been working hard to improve and high side; however there is consider- coming from existing space within revitalize Downtown which shows in the number able downward pressure on pricing the City. Buildings that have seen of projects underway. The new IMAX Theater and within this segment that is just begin- vacancy for some time, including 645 the nearly completed addition to the Reading Eagle ning to be noticeable. Penn Street and 501 Washington Headquarters in the CBD are welcome entrants to Street are starting to show some signs the market and kick off a multi-million dollar main Class ―B‖ vacancy rates remained of hope due to new management and street corridor project that includes a new $67 mil- steady, but pricing is all over the ownership changes taking effect. lion Doubletree hotel and garage project across board due to aggressive incentives Owners and tenants are continuing to from the Sovereign Entertainment and Expo Cen- and introductory rates offered by struggle with high parking costs and ter. This will help attract a more vibrant restaurant landlords. Pricing is currently in the security concerns, which are continu- and entertainment segment with increased ameni- $8.00/sf - $12.50/sf and we believe ing to be addressed by a committed ties and ultimately assist to bring tenants back this will continue into the foreseeable City Administration. downtown while decreasing vacancy rates and future, especially since a large block increases in the tax base. of space has recently come on the The suburban market has been flat on market due to a major relocation. the sale side, due to the continued The Greater Reading Area offers affordable rents Recent absorption has come mainly economic conditions as seen in early with good amenities and a well educated work from expansion of operations by 2009 along with difficulty obtaining force. The residential market has remained stable companies already in the market, two financing. Most of the transactions even in these most troubling times with below av- notable leases were a 32,000 square are occurring with owner/users with erage declines in home prices. The desirable bed- foot medical user and a 8,500 square established and well capitalized busi- room communities along with excellent schools foot utility. nesses or from deals being consum- makes the area a good location to raise families mated due to creative financing and run businesses. Downtown City of Reading, although where by owners are holding back has seen some new deals consummat- second mortgages or financing pro- By Bryan Cole and John Buccinno ed, like the Greater Reading Chamber jects outright. Pricing has remained of Commerce, Greater fairly steady with reduction in value Check out our New Property Specific Websites Featured Marketing Items (More Coming Soon) www.SpringCorporateCampus.Bryanecole.com www.WyoCorporateCampus.Bryanecole.com www.PremiumBusinessCenter.com www.1MeridianBlvd.Bryanecole.com www.101southcentreavenue.bryanecole.com Many More... 2010 Global Market Report - Global Market Information Commercial Real Estate Newsletter - All information and archives can be found on www.Bryan-Cole.com 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.Bryan-Cole.com with improved Property Search and Map Search Functions. DEALS AND HIGHLIGHTS NAI Keystone’s Bryan Cole and John Buccinno sell the 70,000 NAI Keystone’s Bryan Cole and Steve Willems handle the sale Sq. Ft. former Kane Steel facility in Minersville, PA. NAI Key- of the Fairview Plaza office building in Kenhorst, PA. The fa- stone was the owner’s representative in the transaction and han- cility was purchased by Salsbury, Ltd. dled both sides. The buyer is an end user from out of the county. NAI Keystone’s John Buccinno and Bryan Cole represent Lar- NAI Keystone’s John Buccinno and Bryan Cole lease 7,800 Sq. kin Associates, the owners of Maidencreek Town Center, in 2 Ft of Class A office space at One Meridian Blvd at Spring new leases. State Farm Insurance and Affordable Dental join the Ridge. The tenant is a local operation of a New York company center’s other tenants in filling the tremendously well run center. that is rapidly growing. NAI Keystone’s John Buccinno & Bryan Cole represents Heart- For More Information about Recent Deals and Highlights land Health & Hospice in a 5,700 Sq. Ft. office lease in Wy- please check http://Bryan-Cole.com/Pressnai.html or join omissing , PA at 4 Park Rd. Heartland expanded their operation our mailing list for updated information and news. to manage their growing presence in the market. Information concerning these offerings comes from sources deemed reliable, but no warranty is made as to the accuracy there- of, and they are submitted subject to errors, omissions, change of price or other conditions, prior sale or lease, or withdrawal without notice. All sizes approximate. NAI Keystone, 3970 Perkiomen Avenue, Suite 200, Reading PA 19606. 6 —————————— Other ———————————– 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!!!! Tenant Improvement Allowance BRYAN COLE - NAI PRESS The Exide Building The Berkshire Building The Wyomissing Spring Corporate 645 Penn Street 501 Washington Street Corporate Campus Campus Reading, Pa 19601 Reading, Pa 19601 1030 Reed Ave. Iroquois Ave. Wyomissing, Pa 19610 Spring Township, PA The Meridian Bldg. 1075 Berkshire Blvd. The Wyomissing 316 South Front Street 1 Meridian Boulevard Wyomissing, Pa 19610 Corporate Campus Hamburg, Pa 19526 Wyomissing, Pa 19610 1030 Reed Ave. Wyomissing, Pa 19610 For more information please see: Bryan-Cole.com/pressnai.html —————————— Real Estate Listings ———————————– 7 Office City Property Name Commercial City Property Name 1 Meridian Blvd Wyomissing Meridian Building 220 N. Park Rd Wyomissing Park Plaza 3 Meridian Blvd Wyomissing Meridian Building 3 850 Golden Rd Blandon Maidencreek Town 1075 Berkshire Blvd Wyomissing 208 N. Rte. 183 Schuylkill Haven Rte. 183 Plaza 2640 Westview Dr Wyomissing Kozloff Stoudt Rte. 61 Orwigsburg Villages at Deer Lake 2755 Century Blvd Wyomissing Century Blvd Park 511 Reading Avenue West Reading 555 Van Reed Wyomissing 1030 Reed Ave Wyomissing Wyomissing Corporate Campus 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 S. Center Ave Leesport School Side Plaza 301 Golden Oaks Drive White Haven Residential Approved 850 Golden Dr Blandon MaidenCreek Plaza Shillington Bank Site Ground 108 S. Fifth Street Reading Gateway Building 2370 Bernville Road Bernville Retail Ground (183) 15 N. 6th 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 Miners Plaza 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 Rockland St. Warehouse Office Build to Suit Middletown 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- SOLD 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 Preliminary Site Plan Professionally Managed 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. ——————–—— Retail and Resources—————————– 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 Site Selection —————————— Retail Properties ———————————– 2880 Pottsville-Minersville Hwy Minersville, PA 1801 Kutztown Road, Reading PA 33,000+ Sq. Ft. retail and office center. 100% occupied 7,500 +/- Sq. Ft. Retail building on main route, bus stop investment opportunity, offered at a 10.4% CAP Rate. across the street. Can be divided, open floor plan, many Multiple credit tenants, very well managed. SALE uses . LEASE OR SALE Park Road, Blandon PA 201 Front Street Hamburg, PA Prime Retail Office Space in Blandon Twp. The site is 20 acre retail development. Road is currently being known as Maiden Creek Towne Center and has up to constructed off and onto Rte. 61. Close to Cabela’s. 24,000 Sq. Ft. available, Divisible to 1,300 Sq. Ft. LEASE Very close to I-78. SALE or LEASE 10 —————————— OFFICE LISTINGS ———————————– 2 New Signed Leases 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 210 George Street, Muhlenberg PA 19605 Prime Office Space in Wyomissing PA. 158,000 Sq. Ft. Corpo- 37,500 sq. ft. multi tenanted office building in the Reading rate Campus with 11,000 Sq. Ft. available immediately; build suburb of Muhlenberg Township, Berks County, PA. Divisi- to suit opportunities, to 50,000 + SF. LEASE ble to 1,500 SF. High Profile Location. SALE OR LEASE Condo Opportunity 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. ———————-——– 11 811 William Lane, Reading PA 19603 501 Crescent Avenue, Reading PA 23,500 Sq. Ft. Office Building located on 3 acres in north Read- 37,997 Sq. Ft. Office/Flex use building on 2.34 acres. 6,000 Sq. ing. 7,500 Sq. Ft. available on the second floor, plus a 16,000 Ft. of warehouse/flex space available. Current tenants are PA Sq. Ft. Build to Suit Opportunity. SALE or LEASE Career Link and Papa John’s Pizza. SALE OR LEASE 108 South 5th Street, Reading PA 19601 501 Washington Street, Reading PA 19601 8,000 Sq. Ft. Office Building adjacent to the Reading Public 108,000 Sq. Ft. Class B Office Building at the Corner of 5th & Library. Excellent office or retail opportunities with 26 off- Washington. The building is under new management by NAI street parking spaces. LEASE Keystone. Suites from 1,000 sf. and up. SALE OR LEASE 700 Lancaster Avenue, Reading PA School Side Plaza, Leesport PA 19533 13,600 Sq. Ft. Office Building. Recently completed redevelop- Excellent office space available in this multi-tenanted building, ment project. 3,500 Sq. Ft. Available to use or lease. SALE well-suited for small businesses or individual users. Spaces range from 150 SF to 5,500 SF. LEASE OR SALE Information concerning these offerings comes from sources deemed reliable, but no warranty is made as to the accuracy there- of, and they are submitted subject to errors, omissions, change of price or other conditions, prior sale or lease, or withdrawal without notice. All sizes approximate. NAI Keystone, 3970 Perkiomen Avenue, Suite 200, Reading PA 19606. ——————–—— INDUSTRIAL LISTINGS —————————– 12 Hamburg Industrial Sale—15 Yr. Lease 1456 Rte. 61, Pottsville PA 17972 147,000 Sq. Ft. consisting of 2 Building’s situated on 12 Acres. 10,00 Sq. Ft. Cross Docked Warehouse/Flex Building located Credit tenant recently signed a 15 year lease. Part of Ham- along Rt. 61; 18’6” clear ceiling heights situated on 4.8 acres. burg, PA revitalization district at Rte. 61/I-78. SALE Easy access to I-81 and I-78. 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 there- of, and they are submitted subject to errors, omissions, change of price or other conditions, prior sale or lease, or withdrawal without notice. All sizes approximate. NAI Keystone, 3970 Perkiomen Avenue, Suite 200, Reading PA 19606. ———————————— INDUSTRIAL LISTINGS cont. —————— 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 Old Route 222 at Exit 16 on I-78 Bethel, Pa 37,500 Sq. Ft, Prime Warehouse space located in High Ridge Proposed 180,000 Sq. Ft. build to suit. High visibility, great lo- Business Park. Just of I-81 the site is ideal for any type of cation along I-78. Prime industrial land. SALE OR LEASE warehouse user. 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 there- of, and they are submitted subject to errors, omissions, change of price or other conditions, prior sale or lease, or withdrawal 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 2018 North 11th Street Reading, Pa 15,000 Sq. Ft. of Building’s situated on 7.8 Acres. This site is 20,000 Sq. Ft. Easy access to highway. 2 well docks. 1 tailgate prime for commercial or redevelopment into Residential. Easy dock. Rail spur possible. 20+ parking. Nearby employee access to I-78/Rt. 61 and Cabala's. SALE OR LEASE amenities. LEASE REDEVELOPMENT OPPORTUNITIES 430 Franklin Street, West Reading PA Former West Reading Fire House, this unique building has 330 Wyomissing Blvd, Shillington PA 19607 28,000 + Sq. Ft. Two Story Warehouse/Office Building located potential for variety of uses, with both office and storage ca- in Shillington PA. Prime residential conversion opportunity. pabilities. Currently 3,000 sf. to lease and total of 6,000 S. Situated on a 1.76 acre fenced lot. SALE OR LEASE SALE OR LEASE 425 Lancaster Avenue, Reading PA 216 Independence Street Orwigsburg, PA Located at Singled corner of Grace Street and Lancaster Ave- Well maintained building. 30,000 +Sq. Ft. Great conversation nue, this site is ideal for a redevelopment. Potential of an possibilities. Good parking available. easy access to down- additional .83 acres could be assembled. SALE OR LEASE town Orwigsburg and rte. 61. SALE Information concerning these offerings comes from sources deemed reliable, but no warranty is made as to the accuracy there- of, and they are submitted subject to errors, omissions, change of price or other conditions, prior sale or lease, or withdrawal without notice. All sizes approximate. NAI Keystone, 3970 Perkiomen Avenue, Suite 200, Reading PA 19606. —————————— LAND & INVESTMENTS —————————— 15 LAND OPPORTUNITIES Fully Approved Residential Land Opportunities - Two Sites; One in Berks County and One in Monroe County. Sale We are selling the entire development - Not Individual Lots Berks County - Just off Route 724 - 77 Townhouse Lots Carbon County - Very Close Proximity to Pocono Resorts CALL FOR ADDITIONAL DETAILS AND OFFERING PACKAGES INVESTMENT OPPORTUNITIES Sample Photo l ua e ct r t A ictu No P 2880 Pottsville-Minersville Hwy, Investment Opportunity AutoZone Net Lease Deal Minersville, Pa Well located. Long term net lease. New con- NNN facility. Long term lease rate. National/ Completely renovated with new electric struction. 2 + acre lot. 15 Yr. Absolute Net credit tenant. Potential upside. High profile service throughout for separately Lease location. Established location in Berks County. metered spaces. Approximately 1 miles out- SALE SALE side of the city limits. SALE WE HAVE BUYERS AND TENANTS LOOKING FOR We Represent Tenants and Buyers as well… We are looking for the following: Wyomissing/West Reading 1-2 acre Retail Sites 10,000-20,000 Sq. Ft. Whole sale / distribution center 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... Doing more for our clients….. 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.Bryan-cole.com www.Bryan-cole.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 Bry- ness in commercial/residential lending and real estate devel- an was involved in the construction of commercial and multi- opment in 1992. The business grew to a 45 person operation unit properties in the Philadelphia suburbs. Bryan has experi- with 3 locations and $15 million a year in gross revenues. In ence working with a diverse group of individuals in numerous 2005 John sold his business and began the process of re- countries throughout the world. During Bryan’s time with educating himself in the world of Commercial Real Estate. NAI Keystone, he has sold and leased in the excess of $120 After finding that the best team in Berks County resides at Million Dollars worth of Commercial Real Estate. Because of NAI Keystone Commercial & Industrial, LLC John was eager this, Bryan earned NAI gold club status his first year in the and proud to join the operation in 2007 to further develop his business which is presented to approximately 75 - 100 brokers consulting and management skills in the field of commercial within the NAI Global network, which is comprised of over real estate. John is currently working on his CCIM designa- 8,000 Brokers. Bryan is currently working on earning both tion and with all of the course work completed it wont be long his CCIM designation and SIOR designation. Bryan is cur- before he meets all of the requirements to be a Certified Com- rently NAI Keystone's Top Performer for 2006, 2007, 2008, mercial Investment Manager. John is a licensed broker in and 2009. Pennsylvania and Michigan. Return Service Requested www.Bryanecole.com email@example.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
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