“We just need a little space…” Broker & Developer Council event
By Michael Keller on November 2, 2017
Date(s) - 11/02/2017
5:00 pm - 7:30 pm
Lehigh Valley has a shortage of smaller-footprint industrial manufacturing space, leading to significantly increased demand and asking rates. Since 2012, there has been no net change in the number of properties between 40,000 – 80,000 SF, and the vacancy rate for that range has dropped from 6.1% in 2012 to the current rate of 3.6%. The average age of this current inventory is 49 years. (Source: LVEDC Commercial Real Estate Report Q2 2017)
This panel will discuss the challenges and opportunities presented with the shortage of small industrial flex space in Lehigh Valley.
Panel members include:
- Mike Adams, Senior Vice President, NAI Summit
- Joe Correia, Executive Vice President, JG Petrucci
- Kimberly Jacobsen, Managing Director of Industrial Services, JLL
Registration is free for LVEDC Investors. Non-investors admission is $25. Register below. If you are an investor, please use your work email to receive the investor discount. Please contact Diane Milia at firstname.lastname@example.org or 610-266-6775 if you are having trouble registering.