Michael Adams of NAI Summit has represented the tenant in leasing 35,465 s/f of warehouse space at 999 Postal Rd.
The tenant, EcoTech Marine, designs and manufactures reef aquarium equipment. This is EcoTech's second Lehigh Valley location, and they plan to use the building for distribution and assembly.
About NAI Summit
NAI Summit is the Greater Lehigh Valley's only full-service commercial/industrial real estate firm servicing Eastern Pennsylvania. Founded in 1982, NAI Summit has consistently maintained the highest volume of commercial transactions by utilizing an extensive network of professional affiliations. NAI Summit provides comprehensive services in acquisitions and disposition, leasing, representation of owners and tenants, investment sales, development, asset management, property management, facilities management, residential management, corporate services, build-to-suit leaseback management, consultation, advisory services and research. To learn more, visit www.naisummit.com.
Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 723 6th Ave., a mixed-use building located in the Greenwood Heights section of the city, for $2.65 million.
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their