NAI Summit

While office and multifamily properties have dominated recent discussions in commercial real estate, retail is quietly stabilizing. Contrary to the expected decline during the pandemic, retail has proven resilient, with slight value increases and a low vacancy rate of 4.08%. Don't over look the potential of retail. ?? https://lnkd.in/e-ud4Nzc #CRE #CRENews

Discover the latest trends in the US commercial real estate market, from anticipated interest rate declines to shifting perceptions on property pricing. As the landscape evolves, it is evident that opportunities are emerging. Learn more: https://lnkd.in/gPum4jNy #CRE #CRENews #CommercialRealEstate

Our November Available Property Portfolio is published! This month’s featured listing is the historic building at ?? 240 Union Station, in Bethlehem, PA. Once the home to the city's major train station, the facility was fully renovated and upgraded to a single-tenant office building in 2002-2003, with further modern amenities added in 2015. This is a unique for sale offering in prime southside location with lots of potential! Contact Michael Bartolacci, SVP, for more information 610-428-1852 Scroll through the entire portfolio below ?? #commercialrealestate #lehighvalleyrealestate #cre #southsidebethlehem #bethlehempa?

For Lease! Office/flex suite with light warehousing is a perfect fit for companies needing both office functionality and flexible storage solutions. Two adjacent suites in this Class A facility total 10,798 SF. Features a ready-to-use office environment, two drive-in doors with storage/warehouse space, and plenty of parking. Location is convenient to Airport Road in Allentown. ?? 941 Marcon Blvd, Allentown, PA ?? Listing Details: https://lnkd.in/efxfF-pD ?? Lease Rate: $12.00/SF NNN ??Contact Mike Adams or Sarah Finney Miller for more information 610-264-0200 #forlease #lehighvalleyrealestate #moveinready #officeforlease #flexspace #finneyadamsteam

We're so honored to be recognized as one of the top Property Management companies by Lehigh Valley Business 2024 Reader Rankings. Thank you to our clients for your support and continued trust to manage your commercial real estate needs. And thank you to our team of property managers and building technicians for your hard work and years of dedication to the businesses you serve. #LehighValley #ReaderRankings

NAI Summit proudly represented at the annual LV Commercial & Industrial Real Estate Foundation Awards Breakfast last Friday. A special thank you to our team members, Frank Smith and Sarah Finney Miller, who serve on the board of this impactful organization. Congratulations to this year’s award winners! We encourage everyone to support the ongoing Tiny Building Blocks campaign, helping to fund essential equipment for babies and families in the Lehigh Valley NICUs. Donate Today! https://lnkd.in/eee5vmKF #lvcire #naisummit #finneyadamsteam #donate

Despite the rise of e-commerce, physical stores remain a vital part of the retail landscape. Retailers are leveraging them for product discovery, brand experiences, and community engagement. Key Takeaways: - Brick-and-mortar stores continue to attract customers. - Retailers are using physical stores for experiential purposes. - A well-rounded retail strategy includes both online and offline channels. Learn more: https://lnkd.in/dTQjVzjf #cre #crenews #commercialrealestate #lehighvalleyretail

NAI Summit Brokers Sale of 32,329 SF Industrial Building to Allentown Economic Development Corporation We are eager to announce the successful sale of 801 W. Greenleaf Street, a 32,329 SF industrial/warehouse building in downtown Allentown, to Allentown Economic Development Corporation (AEDC). As a key player in the revitalization of Allentown’s industrial landscape, the AEDC continues its mission to support local and economic growth. Senior Vice Presidents Mike Adams and Sarah Finney Miller represented the seller, Spartan Brands, a manufacturer of high-quality personal care products. The property sold for $1.4 million on June 27, 2024. "This transaction aligns perfectly with the AEDC’s commitment to strengthening Allentown’s industrial sector," said Mike Adams. "The property’s urban setting, combined with its versatile layout and strategic location near major routes, makes it an ideal asset for the AEDC's ongoing efforts to foster local economic development." Read full press release: https://lnkd.in/eyvUqpwt #finneyadamsteam #lightmanufacturing #industrial #commercialrealestatedeals

Despite pandemic challenges, retail has proven its resilience and offers strong investment opportunities. Key takeaways: - Retail value reached $3.03 trillion, surpassing office and industrial. - High demand and limited supply contribute to retail's strength. - Retail investment returns lead other CRE sectors. Learn more: https://lnkd.in/gTEnuEwm #CRE #CRENews #commercialrealestate

#FeatureListingFriday New to Market! 40,150 SF flex facility available in Southside Bethlehem. Fully renovated in 2019. Already receiving significant interest, don't wait to make an offer! Contact Mike Adams or Sarah Finney Miller for listing details 610-264-0200 ?? https://lnkd.in/gVexUgdK ?? 315 Columbia St, Bethlehem PA #lehighvalleyrealestate #finneyadamsteam #naiglobal #southsidebethlehem