Mericle Commercial Real Estate Services has purchased 29 acres in the East Mountain Corporate Center, Plains Township from The Greater Wilkes-Barre Development Corporation. Mericle will combine the newly acquired land with adjacent land it already owns as part of its overall development strategy for the corporate center.
Mericle Vice President of Marketing Jim Cummings said the acquisition gives the company a total of 77 acres in the park for future development of office buildings and sites.
Mericle Commercial Real Estate Services will construct two buildings on speculation in CenterPoint Commerce & Trade Park - a 134,400 square foot flex building and a 22,601 square foot office building.
The 134,400 square foot flex building at 425 Keystone Avenue in CenterPoint East, Jenkins Township, will accommodate up to six tenants and has been designed to fit the needs of manufacturing, distribution, office, and medical companies. The property will have six entrances and 20 loading doors and can be easily subdivided into smaller customized spaces.
“Northeastern Pennsylvania continues to grow as a preferred location for the food and beverage sector. Dozens of such companies have manufacturing plants and distribution centers here. The region’s five interstate highways, close proximity to the consumption zones of the East Coast, a dedicated and available workforce, strong utility service, and an excellent supply of buildings and sites, are all contributing to this growth."