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Benchmark Real Estate and Regal Ventures buy 85,053-sf industrial site in PA
The partnership plans an approximately 70,000-square-foot expansion to bring HAT’s distribution processes on site, after the facility was acquired fully occupied.
Connect Commercial Real Estate reports that a partnership between Benchmark Real Estate and Regal Ventures acquired an 85,053-square-foot industrial building in Easton, Pennsylvania.
The property at 100 Kuebler Road is fully occupied by Human Active Technology, which uses the site as its global headquarters for ergonomic workspace solutions for office, retail, and other commercial environments.
The partnership plans an approximately 70,000-square-foot expansion to enable HAT to bring its distribution processes on site. ConnectCRE says the partnership did not disclose the sale price or the seller.
The Easton facility, built in 1972 and renovated in 1993, sits on a 12.4-acre parcel in Forks Industrial Park, a master-planned industrial and manufacturing development in Forks Township.