NAI Summit

We are proud to announce that the sale of The Factory Building in Bethlehem is a 2025 #CoStarImpactAwards winner in the Sale/Acquisition of the Year category for the Philadelphia market! The CoStar Impact Awards recognize exemplary commercial real estate transactions and projects completed in 2024 that have significantly influenced neighborhoods or submarkets across 129 major international markets in the United States, Canada, and the United Kingdom. Representing this iconic property was the brokerage team of Mike Adams, Sarah Finney Miller and Collin Holben! Huge congrats to all the nominees and winners! View the Philadelphia Market CoStar Winners: https://lnkd.in/eeDEwqdC

Congratulations to Jennifer Kennedy, Associate Broker, on being named one of the Women of Influence by the Lehigh Valley Business Journal! ?? This prestigious award honors women making a lasting impact on both their industry and the local community. We look forward to celebrating Jenn’s achievements at the awards ceremony this May, hosted by LVB. #WomenOfInfluence #LehighValley #NAISummit #Leadership

Major pharmacy chains are closing numerous locations due to overexpansion and increased competition from e-commerce. These closures are impacting shopping centers and retail properties nationwide. Landlords are exploring alternative uses for these spaces, including converting them into urgent care clinics, fitness centers, or other service-oriented businesses. Adapting to these changes requires a strategic approach to property management and leasing to meet evolving market demands. Learn more: https://lnkd.in/eqdJVgMV #CRE #CRENews

??Done Deal! NAI Summit brokers recently negotiated the investment sale of a multi-tenanted flex business park for $4.3M. The building complex at 6374 Winside Drive in Bethlehem, PA, totaled 46,100 SF. Another great success for the NAI Summit team! ?? Learn more about our commercial real estate services https://lnkd.in/guY7xM5C #NAISummit #commercialrealestatedeals #finneyadamsteam

Spring is around the corner! ?? Is your building ready for the season? Our NAI Summit technicians are here to help with spring cleanup and year-round maintenance solutions. ? Spring cleanup ? Preventative inspections & maintenance ? General repairs Download a FREE Spring Maintenance Checklist to see what you might need at your facility! ?? https://lnkd.in/ge3NcZvf #NAISummit #SpringMaintenance #CRE #PropertyManagement

#CRENews National industrial rents have risen ?? by 6.9% year-over-year, averaging $8.27 per square foot. Miami leads with an 11.1% increase to $12.11 per square foot, while Midwest cities like St. Louis, Kansas City, and Detroit report below-average growth. The national industrial vacancy rate has reached 7.5%, partly due to new supply. Learn more: https://lnkd.in/e9w4kfSA

Exciting news for the Lehigh Valley! ?? The investors behind the Hologram Zoo coming to Easton, PA were represented by Mark Magasich, Associate at NAI Summit. They secured a prime 6,000 SF space on the first floor of Easton’s City Hall. This innovative, educational attraction—located near the Crayola Factory—has gained strong community support and is set to become the area’s newest must-visit destination. With a multi-year lease in place, doors are expected to open in summer 2025! Stay tuned for more on the immersive experiences coming soon! #LehighValley #HologramZoo #NAISummit https://lnkd.in/e94wDpM7

The March Available Property Portfolio is published! New to market this month: flex, medical office, and commercial land offerings. ?? Featured ?? up to 27,750 SF flex suite available for lease near Rt 22 & Airport Road, can be delivered as warehouse space, at $12.00/SF NNN. The second featured listing for this month is the 26.54 acres of commercial zoned land at 1400 Uhler Rd, in Easton, PA. Scroll through the portfolio below to see all available listings! ??

Congratulations to NAI Summit brokers Mike Adams and Sarah Finney Miller on being named among NAI Global’s 2024 Top Producers! This prestigious recognition honors top professionals handling the highest volume of multimarket transactions across NAI’s network of 325+ offices in 43 countries, with over 5,800 real estate professionals worldwide. Join us in celebrating their outstanding achievement!

Women in CRE: The Shift is Happening! ?? Decades ago, only a fraction of CRE professionals were women. Today: ?? Women make up 37% of the CRE workforce (up from 20% in the 1980s) ?? Women in executive positions have increased by 40% over the last decade ?? More women are leading investment firms, closing major deals, and shaping the industry’s future. Let’s keep building a future filled with opportunities for our CRE women.