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This value-added project at 1270 Mid-Valley Drive, Jessup, PA was Equilibrium’s first foray into the Scranton/Wilkes Barre/Hazleton industrial market. This building of 151,100 square feet on 8.5 acres is located within the Mid-Valley Industrial Park with excellent access to State Routes 6 and 247 and Interstates 81, 380, 84 and 476. This existing 21’ clear, front-loaded warehouse was constructed by a corporate user in 1991 and expanded in 1993. Equilibrium completed various capital improvements including upgrading the sprinkler system, re-paving the parking lot/truck court and installing energy efficient lighting, insulation and new heating units. The building was leased to different tenants over the holding period. 1270 Mid-Valley Drive was leased in full and sold to a private investor in March 2017.
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Jessup (Scranton Area), PA |
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