SOLD | Largest single residential/mixed use land sale in the last 10 years, in the region.

Markward Group arranged the sale of the largest single residential/mixed use land sale in the last 10 years, in the region, to Kay Builders. Del Markward, SIOR, Ann Kline and Matt Macdonald represented to sellers in the 190-acre, Ridge Farms, property transaction. Ridge Farms is located along Cedar Crest Boulevard, north of Walbert Avenue to Huckleberry Road in South Whitehall, Township.

Kay Builders is in the beginning stages of the mixed-use development project for the 190 acres. Current plans are to build a 780-unit, mixed-use development; consisting of single homes, twin homes, townhomes, and apartments; with common open space for passive and active recreation. Commercial and retail space is also proposed for the property.

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A survey conducted by the NAR found that more than a third of its members in states that legalized marijuana for medical and recreational use saw an increase in requests for warehouses or properties used for storage.

https://www.lvb.com/will-marijuana-grow-regions-commercial-real-estate-market/ by @morestacy

199,525 SF warehouse on 11 +/- acres for lease in the heart of Allentown | 25,000 SF is automated storage retrieval system (ASRS) ready, 100,000 SF is air-conditioned & freezer capable http://ow.ly/vtEf50yrNXD #CRE #CommercialRealEstate #Warehouse #forlease #ASRS #FreezerCapable

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8,452 SF freestanding single-tenant building with yard space in Allentown | 5,452 SF warehouse / 3,000 SF office | 2 docks, 1 drive-in and truck parking http://ow.ly/sE0f50ypkan #CRE #CommercialRealEstate #warehouse

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