Press Release brought to you by J.G. Petrucci Co.

J.G. PETRUCCI COMPANY, INC. INKS LONG-TERM LEASE RENEWAL WITH LEADER IN MOBILE CLOUD INNOVATION

07/26/2016

 

FOR IMMEDIATE RELEASE

 

Media Contact:

Patrice Kane, J.G. Petrucci Co., Inc.

(908) 730-6909

pkane@jgpetrucci.com

 

 

J.G. PETRUCCI COMPANY, INC. INKS LONG-TERM LEASE RENEWAL WITH LEADER IN MOBILE CLOUD INNOVATION

 

 

Bethlehem, PA- JUNE 14, 2016—J.G. Petrucci Company, Inc., one of the New Jersey and Pennsylvania region’s most respected Design/Build Development firms, has reached an agreement with Synchronoss to extend the company’s lease at 1555 Spillman Drive located in Lehigh Valley Industrial Park VII, in Bethlehem, PA. Synchronoss Technologies, a leader in mobile cloud innovation and software-based activation for mobile carriers, enterprises, retailers and OEMs around the world, occupies the entire 62,000-square-foot building that serves clients such as Microsoft, Samsung, NFL, Apple, Verizon, AT&T, and Comcast.

 

In 2008, the company was looking to expand its operations to Kansas, Texas and Florida, but after an 18-month search Synchronoss. chose a 9.6-acre parcel in the Lehigh Valley Industrial Park VII. The new site provided Synchronoss with access to public transportation routes; excellent proximity to Routes 412, 22, and 33; Interstate 78; and the Pennsylvania Turnpike. In addition, LVIP VII is one hour north of Philadelphia and just 90 minutes west of New York City.

 

The new location allowed J.G. Petrucci Company, Inc. to Design/Build a single-story building for Synchronoss, which increased operational efficiencies and allowed the firm to customize the build out specific to the company’s business strategies. 1555 Spillman Drive is comprised of tilt-up concrete construction and a mix of open space and private offices. The building features over $5 million of specialized equipment and redundant electric.

 

Allan R. Greene, Vice President of Cushman and Wakefield, represented Synchronoss in the lease negotiation.

 

“We are pleased to continue our relationship with Synchronoss,” stated Jim Petrucci, founder and President of J.G. Petrucci Company, Inc. “It is a quality firm for LVIP VII, and they have created many jobs in the Lehigh Valley. We are proud to continue our relationship with one of the fastest-growing public tech companies, as recently ranked by Forbes.”

 

About Synchronoss Technologies, Inc.

Synchronoss is a mobile innovation leader that provides personal cloud solutions and software-based activation for connected devices across the globe. The company’s proven and scalable technology solutions allow customers to connect, synchronize and activate connected devices and services that empower enterprises and consumers to live in a connected world. For more information visit their website at www.synchronoss.com.

 

About Cushman & Wakefield

Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 43,000 employees in more than 60 countries help investors optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $5 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

 

 

About J.G. Petrucci Company, Inc.

J.G. Petrucci Company Incorporated, located in Asbury, NJ and Bethlehem, PA, is a privately held development and design/build organization with 29 years of experience in the design, development, re-development and acquisition of commercial, industrial, educational, multi-family and healthcare-related properties. Acting as the single point of contact from inception through move-in, J.G. Petrucci Co., Inc. continuously exceeds client expectations by accepting full responsibility for integrating conceptual design with functional performance thus effectively controlling costs and schedule. Through a combination of well-established relationships, proven development expertise, and in house technical capabilities, J.G. Petrucci Co., Inc. sets itself apart from its competition. As a recognized leader in both the New Jersey and Pennsylvania markets, J.G. Petrucci Co., Inc. is proud to maintain well-established relationships with it’s client and tenant roster including Merrill Lynch, Weyerhaeuser Co., Federal Express, Follett Corporation, Gargiulo Produce, St. Luke’s University Health Network, Lehigh Valley Health Network, Flemington BMW, ICO Polymers and Synchronoss Technologies, Inc. For additional information on J.G. Petrucci Company Inc. please visit our website at www.jgpetrucci.com.

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Source

J.G. Petrucci Co.

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