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Colliers Leases Site in Emmaus to Burger King

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EMMMAUS, PENNSYLVANIA, April 19, 2021 – Colliers is pleased to announce that Burger King has concluded a ground lease In Emmaus at 1116 Chestnut Street, the site of the former Fiesta Ole Emmaus.  Construction of a new Burger King with drive thru on the site is currently underway with plans to open in this summer. 

The busy location sits at the crossroads of Cedar Crest Blvd and Chestnut St (Route 29), part of an active retail corridor alongside other brands such as McDonald’s, WAWA, 7-Eleven, Weis, LVHN, BBT, Fulton Bank, Santander, etc.  

Derek Zerfass, a Senior Vice President of the Colliers Retail division facilitated the lease on behalf of the owner, navigating a lengthy approvals process.  Adam Hagerman of Bennett Williams represented the tenant in the transaction.

For further information, contact:
Derek Zerfass, Senior Vice President
+1 610 295 6125|  derek.zerfass@colliers.com 

 

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About Colliers International
Colliers International (NASDAQ, TSX: CIGI) is a leading global real estate services and investment management company. With operations in 68 countries, our 14,000 enterprising people work collaboratively to provide expert advice and services to maximize the value of property for real estate occupiers, owners and investors. For more than 20 years, our experienced leadership team, owning more than 40% of our equity, have delivered industry-leading investment returns for shareholders. In 2018, corporate revenues were $2.8 billion ($3.3 billion including affiliates), with more than $26 billion of assets under management. Learn more about how we accelerate success at corporate.colliers.com, Twitter @Colliers or LinkedIn.

 

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Derek Zerfass

Senior Vice President | Allentown

Allentown

Derek joined Colliers in 2006. He specializes in retail tenant, landlord, developer and investor representation and has 15 years years’ experience in the retail sector in the Lehigh Valley.  Derek has an in depth understanding and knowledge of the land development process and has completed in upwards of over 30 pad site deals in the last few years alone.  As a native of the area, he is an expert in local market conditions and recent transactions. This, combined with his entrepreneurial spirit and strategic negotiation skills, have made him a valued asset to his strong client base and a top producer.

 

Derek is a trusted advocate for the landlords, tenants and investors he represents. His focus is on the real estate outcome that best supports their business objectives and he possesses the expertise and commitment to deliver results.

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