NAI Mertz of PA Completes Sale of 32,000 SF Industrial Building in Pittston, PA to Manufacturing Company
PITTSTON, PA (DECEMBER 18, 2014)—NAI Mertz of PA, a leading full-service commercial real estate firm serving northeastern Pennsylvania, recently completed the sale of a 32,000-square-foot industrial building located at One Penox Plaza in Pittston, Pennsylvania to Eugene and Deborah Tighe. David Weaver and Stephen Cole, sales associates, NAI Mertz of PA, represented the owner, Penox Real Estate Partners, in the transaction. The buyer was self-represented.
“With modern amenities and an ideal location, One Penox Place is the perfect fit for this locally-based company that was looking for an industrial facility to meet its expansion needs,” said Weaver.
Eugene and Deborah Tighe purchased the building on behalf of their company, GT Fabrications. The transaction represents an expansion of the Pittston-based company, which specializes in metal fabrication, assembly and powder coat finishing.
One Penox Place is a 32,000-square-foot warehouse and manufacturing facility situated on 3.35 acres featuring 3,700 square feet of office space, 16’ ceilings, heavy power and four dock doors. There is paved parking for 60 vehicles, plus an additional area for tractor-trailer parking.
Conveniently located within minutes of Route 315, the Pennsylvania Turnpike and Interstate 81, One Penox Plaza provides easy access to several of northeastern Pennsylvania’s major roadways. Pittston is ideally situated between neighboring cities of Wilkes-Barre and Scranton. To the east, Philadelphia and New York City are each approximately a two-hour drive, and Pittsburgh is about four hours to the west.
About NAI Mertz of PA
NAI Mertz of PA is a full-service commercial real estate firm and the NAI Global representative for the Scranton/Wilkes-Barre, PA area and Northeastern Pennsylvania. Collectively, the senior management team has over 50 years of "combined" highly successful commercial brokerage and consulting experience. The brokerage firm is committed to serving the diverse needs of its clients, be it industrial, office, investment or retail. As one of the area's largest firms, NAI Mertz of PA has a strong track record of successful sale and lease transactions.
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