As Jon Harris from The Morning Morning Call wrote, Massive warehouse in Allen Township, adjacent to FedEx, lands its tenant, more Lehigh Valley warehouse is being leased up. As Jon wrote the, “Another massive warehouse in the Lehigh Valley is spoken for — though no one is actually speaking about it. Geodis, a third-party logistics provider, signed a lease for the more than 1 million-square-foot building at 951 Willowbrook Road in Allen Township, according to an industrial market research report from Lee & Associates, a commercial real estate services firm…While many details of the operation remain unclear, the lease shows the continued strength of the Lehigh Valley’s industrial market even amid the coronavirus pandemic. As is almost always the case in the Lehigh Valley, the building was leased before it was completed.”
CoStar the commercial real estate software and analytics platform, recently had an article on their site showing the demand for warehouses in the Lehigh Valley should remain strong due to the increased demand for direct to consumer and e-commerce purchases.