Everything's Bigger in (East) Texas

Mark your planners: 5700 Lower Macungie Rd, a 358k, 10-building industrial/flex complex, is getting a new owner. Day-Timer sold the property in East Texas, Pa. to Smooth-On, a mold and casting manufacturer relocating from Easton, for $3.5M. (This aerial was a good excuse to ride the Bisnow blimp.) Day-Timer had already vacated and wanted to unload its excess real estate, says Cushman & Wakefield senior director Gerry Blinebury. With the Lehigh Valley in high demand and institutional property owners reluctant to sell, he tells us the deal is substantial—it's one of only two assets its size to sell in the valley this year. Gerry repped the seller along with colleagues Patrick McBride, Adam Campbell, Leah Balerno, Marie Connell, Lou Hall, and Daniel Wilkins; NAI Summit's Mike Adams repped the buyer.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Philadelphia Newsletters
Related Stories

Taiwan Semiconductor Manufacturing Co. Could Expand In North Texas

Voorhees Greenlights 178-Unit Office-To-Resi Conversion Amid Multifamily Boom

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

4,500-Acre Data Center District Approved In Pennsylvania Town

Affordable Housing Giant Starts $180M Philly Push: The Philadelphia Deal Sheet

'It's A 2-Way Street': Philly Hospital CEOs Seek Cost Savings From Architects, Builders

Prologis To Develop 3.8M SF Industrial Park On Former Casino Site

Foundry Robotics Leaves San Francisco For New East Bay HQ

Tenant Rep Firm Expands To Philly, Hires Industry Veteran

Epicenter Landcorp Buys Culver City Flex Industrial Building For $11M

Data Centers Lose The Top Spot, San Francisco Jumps 40 Places: 9 Takeaways From ULI's 2027 Outlook

GID, StepStone Complete $985M Secondary Deal For Industrial Portfolio