Commercial real estate experts were expecting 2020s industrial development boom to continue, but Mike Hess, senior vice president of CBRE in the Harrisburg office said industrial development along the I-78/I-81 corridor was even stronger than expected during the first quarter of the year.

Lehigh Carbon Community College in Schnecksville said it is working with Amazon on a training program aimed at preparing apprentices for careers in advanced manufacturing.

Despite the pandemic, or in some ways even because of it, commercial real estate demand was strong along the Pennsylvania I-78/I-81 corridor, exceeding the demand over the prior year and driving up commercial real estate leasing rates to record highs.

Colliers said that it acquired 74.4 acres of land at 2130 Allentown Road near Lansdale on behalf of real estate developer Core5 Industrial Partners of Atlanta.

Reading-based Penske Logistics said it is acquiring trucking company, Black Horse Carriers Inc. of Chicago.

Days after announcing its plans to build an industrial facility in Nazareth, J.G. Petrucci Co. Inc. said it will be partnering with PGIM Real Estate to develop a logistics facility in Phillipsburg, New Jersey.

With the completion of two logistics buildings, the LogistiCenter at Lehigh Valley East is complete. The structures are the latest of a number of logistics buildings built in the region by Nevada-based developer, Dermondy Properties.

Amazon will bring not one, but two, fulfillment centers to Berks County, adding about 1.6 million square feet of logistics space and likely hiring more than 1,000 workers, according to Berks County economic development officials.

Kerry A. Wrobel is the president and chief executive officer of Lehigh Valley Industrial Park Inc.  He has served in this capacity for 19 years.  Wrobel is responsible for LVIP’s seven industrial parks and his work includes the development of Lehigh Valley Industrial Park VII at the Bethlehem Commerce Center, the former site of Bethlehem Steel. 

Liberty Property Trust, a major commercial real estate company in the region is now a part of Prologis Inc. of San Francisco.