Realterm Acquires Secured Parking and Maintenance Facility in Bethlehem, Pennsylvania

March 21, 2022

Home » Realterm Acquires Secured Parking and Maintenance Facility in Bethlehem, Pennsylvania

Realterm announces the acquisition of a fully leased, 44.98-acre secured parking and maintenance facility located at 1245 Easton Road, Bethlehem, Pa. The property also offers a freight yard with direct rail service provided by the Lehigh Valley Rail Management.

“The Lehigh Valley is a premier regional distribution location that enables users to service the northeast United States,” said Ben Andreycak, Vice President, East Region Acquisitions, Realterm. “There are limited opportunities to acquire high-flow-through assets in the region, making this property a strong addition to our portfolio.”

1245 Easton Road is located in the heart of Lehigh Valley. It is less than one mile from I-78 and is 15 minutes from Route 22 offering immediate access to the region’s key highway network. The property is a two-hour drive from major cities, including Baltimore, Washington D.C., Philadelphia and New York City and is within five hours of Pittsburgh and Boston.

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