November 21, 2017 [Philadelphia, PA] - Colliers International’s Allentown team of Ryan Dietrick, Kelly Berfield and John Susanin represented Brookwood Financial Partners, LLC (“Brookwood”) in facilitating two new leases at the Iron Run Corporate Center at 7450 Tilghman Street in Allentown, PA
- 24,269 SF / JetPay Human Resources & Payroll Services, Inc. / represented by Brian Lafond & Dave Butera of Gola Corporate Real Estate, Inc.
- 11,000 SF / Resource Search Company d/b/a RSC Solutions relocating from the Wyomissing market to Lehigh Valley / represented by John Buccinno of NAI Keystone.
In addition to the convenient location of the building, targeted capital and cosmetic improvements attracted these high-quality tenants to this site. The improvements made by Brookwood include extensive upgrades to the common areas including a new seating area and lobbies. Additionally, the construction of a new café and fitness room make this a highly desirable office space. 22,985 SF of Class A office space is still available.
About Brookwood – Brookwood is a nationally-recognized private equity real estate investment firm that specializes in acquiring and managing value-add commercial real estate and other real estate-related operating businesses. Since its founding in 1993, Brookwood has invested over $900 million to acquire a portfolio of 185 properties, seven operating companies, and 74 gas stations with convenience stores, with a total capitalization of over $2.4 billion. The portfolio has spanned multiple asset classes, geographical markets, and industries throughout the United States.