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Partnership Acquires 85K-SF Industrial Building in Pennsylvania
A partnership between Benchmark Real Estate and Regal Ventures has acquired an 85,053-square-foot industrial building in Easton, Pennsylvania, that is fully occupied by a designer and manufacturer of ergonomic workspace solutions.
The property, located at 100 Kuebler Road, serves as the global headquarters of Human Active Technology (HAT), a designer and manufacturer of ergonomic workspace solutions for office, retail, and other commercial environments. The partnership plans an approximately 70,000-square-foot expansion that will enable HAT to bring its distribution processes on-site. Neither the sale price nor the seller was disclosed.
The Easton facility was built in 1972 and renovated in 1993. Situated on a 12.4-acre parcel, the steel-framed building has one grade-level door and five dock-height doors. It is located in the Forks Industrial Park, a master-planned industrial and manufacturing development in Forks Township. “The Lehigh Valley remains a compelling, small-bay industrial market in the Northeast,” said David Lawrence, Director of Acquisitions at Regal Ventures.
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