Liberty Property Trust to repurchase $250M stock

      The board of trustees of Liberty Property Trust, headquartered in Malvern with Lehigh Valley offices in Bethlehem, has authorized the repurchasing of up to $250 million of outstanding common shares through Aug. 6, 2017. Liberty is a major player...

Light Industrial on The Waterfront?

wfmz Allentown planners contemplate riverfront expansion Offices, restaurants, apartments, shops — and industries? ALLENTOWN, Pa. – The Allentown Planning Commission heard arguments Tuesday for a zoning amendment that would allow developers to build...

Higgins Sells 385,000 sf Warehouse in New Smithville

Higgins Development Partners and Pritzker Realty Group LP sold the industrial building at 9747 Commerce Circle in New Smithville, PA, to Endurance Real Estate Group for $15.9 million, or approximately $40 per square foot. The 384,695-square-foot warehouse is located...

Carpenter Co. Purchases Warehouse in Allentown

Carpenter Co. acquired the industrial building at 1100 Mill Road in Allentown, PA, from The Prudential Insurance Co. of America for $8.07 million, or $43 per square foot. The 187,600-square-foot warehouse building was constructed in 2000 in the Lehigh Valley...