Mike Adams of NAI Summit recently represented the tenant, WEL Companies, in the lease renewal for 66,928 SF industrial space at 200 Cascade Drive in Allentown, PA. WEL is a family-owned business and leader in the trucking industry specializing in food distribution providing services to some of the largest companies in the food, beverage, and dairy industries. Headquartered in Wisconsin, WEL has multiple locations throughout the United States.

Mike Adams and Mark Magasich  represented 160 Driving Academy dba Rock Gate Capital in the multi-year land lease transaction for their first truck driving school location in the Lehigh Valley and first in Pennsylvania. Headquartered in Illinois, 160 Driving academy has an abundant number of schools through the United States.  They offer multiple courses and job placement assistance when graduated from the program. NAI CIR represented the owner in this transaction.

Mike Adams represented tenant, Bio Med Sciences Inc, in the long term lease at 999 Postal Road in Allentown, PA.  The company is relocating for Morris Ct and the 43,600 SF industrial/flex space more than doubles the size of current space on Morris Ct. and is conveniently located in Lehigh Valley Industrial Park III with ample parking and easy access to main highway systems. Since 1987, Bio Med Sciences, Inc., the makers of Oleeva® products, has delivered leading technology to the burn treatment, plastic surgery and aesthetic skin-care markets. Headquartered in Allentown, PA, Bio Med Sciences’ products — including Silon®, Oleeva® and SeaAllure™, are available in more than 50 countries around the globe.

 
Information provided to TVL by:
Staci Saeger
www.naisummit.com
 

 

---