SVN Imperial Realty

SOLD: 702 E. Cedar St. Allentown, PA https://svnimperial.com/listings/?propertyId=753991-sale Great job, Steve Wilson! If you are looking to buy, sell or lease, Steve can help! Call 484-245-1021 or email [email protected]

ARTICLE: Use Of Pandemic Force Majeure Clause Spiked In 2020 Leases By Andrew McIntyre According to Practical Guidance, a third of commercial leases signed since March include mention of pandemic as a force majeure event. This is over double what that mark had been for leases signed in 2019, however, experts say landlords may be getting leverage elsewhere. https://svnimperial.com/use-of-pandemic-force-majeure-clau/

Check out this month's listings! https://mailchi.mp/a/svn-imperial-realty-december-inventory

JUST LISTED: 2212 Sullivan Trail Easton, PA https://svnimperial.com/just-listed-2212-sullivan-trail-ea/ 2212 Sullivan Trail is a corner property that is served by a traffic light. Houses abut the rear property line. Commercial neighbors include: Jeffrey Riddle CPA ( next door ), local convenience food store, UGI Gas Service Center, a church, and a nursing home across Meco Road. Within 3 miles of the Tatamy Exit of Rt. 33. Within 5 miles of the NJ State Line. Within 9 Miles of intersection of Rt. 33 and I-78. Within 17 miles of the LVIA Regional Airport. Within 2 miles of the Braden Airport- private air park. Owner will need 120 days to clear trade fixtures and inventory from property. Sale Terms Preferred. 24-hour prior notice for showings. Multi- Commercial Use Potential. Growing Local Community. Plenty of Land for Parking.

Check out the Fall newsletter! https://svnimperial.com/the-fall-newsletter-is-here-2/

Just Listed! Three Industrial/Commercial Lots https://svnimperial.com/just-listed-three-industrial-comme/ 3370 HIGH POINT BLVD: A Ready-to-Shovel, 4.42-Acre Site with its shared driveway provided. Located in the center of the Lehigh Valley it is only a quarter-mile from Route 22. Its configuration and its off-site retention facilities allow the site to accommodate any number of designs.... 3550 HIGH POINT BLVD: This 12.12-acre lot has two water features on-site to provide immediately for your storm water-retention requirements. 2751 BAGLYOS CIR: This fully-improved, 3.26 acre industrial/commercial site does not require any lengthy NPDES Approval Period; a Community-wide detention facility is right next door!

28,950 SF flex building in Independence Business Park. Located just north of Levans Rd off Route 309 in Schnecksville. Ideal for small warehouse, machine shop, light industrial, lab. Contact Tom Skeans at 484-245-1003 or at [email protected] https://www.youtube.com/watch?v=beM6-GVVbII

ARTICLE: What to Watch for in Tenant Risk by Laura Calugar According to a report from Tenant Risk Assessment, a real estate company that evaluates the areas where landlords are most vulnerable, tenant credit was largely weakening before the pandemic, a trend that has since accelerated since the onset of Covid-19. Founder & CEO Brad Tisdahl believes tenant credit is more important than ever right now, which means landlords need to take extra care in reviewing potential commercial tenants’ financial stability. https://svnimperial.com/what-to-watch-for-in-tenant-risk-b/

Have you seen October's Inventory? https://svnimperial.com/svn-imperial-realty-october-invent/

LEASED: 1400 N. Irving St. Allentown, PA https://svnimperial.com/listings/?propertyId=526526-lease

ARTICLE: The Importance of Indoor Air Quality in the Workplace by Amy Hawley SIOR, Jarrett Laubach, and Justin Flores https://svnimperial.com/the-importance-of-indoor-air-quali/

SVN | Imperial Realty September Newsletter https://mailchi.mp//svn-imperial-realty-september-newslett

ARTICLE: Adjustments in Pricing Lag a Decline in Property Values by Beth Mattson-Teig Property values have seen a reset across many sectors and markets resulting in stalling transactions as it is difficult to determine how much of a discount should be applied. Pricing is easier when the market is experiencing stable conditions, which makes it which makes it easy to gauge values. The disconnect right now is that values have fallen much faster than pricing, but we’re not observing it yet because there has been a huge falloff in transaction volume, says Anthony M. Graziano, MAI, CRE, chief executive officer at Integra Realty Resources (IRR). https://svnimperial.com/adjustments-in-pricing-lag-a-decli/

PRICE REDUCED: 1825 W. Market St. Bethlehem https://svnimperial.com/listings/?propertyId=500914-sale Two buildings are part of this package. They will be sold vacant. The total size is 20,000+ SF. The 6,768 SF automotive service building will be sold vacant. Convenient to Rt. 378, Rt. 22, and LVIA Regional Airport, Good Mixed Use Development Potential, Densely populated area, Flexible Terms.

JUST LISTED: 1150 Glenlivet Dr. Allentown Modern, well-maintained commercial condo units. Amenities include private office, 2 sales offices, large conference room, storage/technical room, 2 ADA compliant restrooms. 5.56/1,000sf parking ratio. Formerly the Dale Carnegie training center. https://svnimperial.com/listings/?propertyId=765287-sale

CHECK OUT SEPTEMBER'S INVENTORY: https://svnimperial.com/9713-2/

ARTICLE: Sustainable construction: what it is and how we benefit by Glenn Ebersole The U.S. Environmental Protection Agency defines sustainable construction as the practice of creating structures and using processes that are environmentally responsible and resource-efficient throughout a building’s life-cycle from siting to design, construction, operation, maintenance. Construction requires a large amount of materials and energy to build and maintain the structure, not to mention the amount of emissions and waste that is generated over the building’s life span. Construction projects don’t have to be this way though. There are many opportunities throughout the construction process to utilize more sustainable, environmentally friendly materials and practices. https://svnimperial.com/sustainable-construction-what-it-i/

SVN | IMPERIAL REALTY AND SVN | PARSONS COMMERCIAL GROUP TEAM UP TO ASSIST IN THE ACQUISITION OF 3440 LEHIGH STREET, FORMER PENN TREATY BUILDING, ALLENTOWN, PA Lehigh Valley, PA | August 25, 2020 SVN | Imperial Realty one of the region’s premier brokerage firms, has assisted in the sale of 3440 Lehigh Street a 39,000 sf office building on 3.3 acres in Salisbury Township.... Victor Galvani of SVN | Parsons and Tom Skeans, CCIM of SVN | Imperial represented the buyers, Allentown-Lehigh Street, LLC. SVN | Imperial Realty will oversee a full renovation of the interior and exterior of the building and will professionally manage the property. This property was on our radar for the past three years, but without an anchor tenant a deal just wasn’t possible. It wasn’t until SVN | Parsons out of Boston structured a sale lease back deal with Tri Plus that we are able to get this across the finish line says Skeans. Collaboration was the key. 3440 Lehigh Street is located on Lehigh St next to Perkins and the South Mall, directly across from Lehigh Valley Honda. https://svnimperial.com/sold-3440-lehigh-st-allentown-pa/

The August newsletter is here! https://mailchi.mp/3d/svn-imperial-realty-august-newsletter

SOLD: 1020 Airport Rd Allentown https://svnimperial.com/listings/?propertyId=29022-sale