NAI Keystone - Bryan Cole, March's Greater Reading Commercial Real Estate Newsletter

8/9/2019 NAI Keystone - Bryan Cole, March's Greater Reading Commercial Real Estate Newsletter

1/16

We are Looking for Professional

Articles for our upcoming issues!

For More Information check

www.Bryanecole.com or email us at

[email protected]

610.370.8502

STRAIGHTFROMTHE NAI BLOG

67,000Sq.Ft.

IndustrialFacility

Sale

NAIKeystone,with

theassistanceofReadingEagle,Read

ingAreaCommunityCollege,Steve

BuckofStevens&Lee,andGeoff

StoudtofKozloffStoudtfinalizeda

dealtosell/purchasethefacilitylo

catedat201S.FrontStreetindown

townReading.

In This Issue1 Straight from the NAI Blog1,4 Featured Article2 New Listings3 Industrial Listings

3 Current Requirements4 Resources4 Lease Types5 Industrial Listings Cont.6,7 Real Estate Listings Map8 Featured Property9 Sale-Leasebacks Article10 Office Listings11 Office Listings Cont.12 Land and Investments13 Bryan Cole Resume

The fourth quarter of 2009 was a slowand painful period for office space in theGreater Reading Market. Vacancy ratesincreased throughout the county as com-panies were downsizing, relocating tosmaller spaces, or closing operations.The market faced challenges in the 4thquarter with Class A building vacan-cies increasing from 7.5% to 10%,mainly due to the increased developmentand softening demand at the higher price

points, along with stiff competition fromaggressive landlords. Class A build-ings have typically been a safe sector inthe marketplace because of low inven-tory; however with new developmentscoming on line, and companies lookingfor lower rents the Class A sector isseeing less demand, greater competitionand more vacancy.

The Class B sector experienced thesame issues in the 4th quarter 2009 as didClass A due to the economic condi-

tions. Vacancy rates increased mildlyfrom 13.4% to 14% while rental ratesdipped more than 10%. Base rateswithin this sector range from $8-9 persquare foot and topping out at $12-13per square foot with gross rates comingin around $15-16 per square foot.Downtown City of Reading vacancyrates continue to increase in late 2009with rates rising 14.5% to 17.5% withmuch of the vacancy surrounding largeblocks of contiguous space.

2010 is showing some signs of hope,with new leases and deals being con-summated including the 175,000 squarefoot Acute Care Center that was built bythe Reading Hospital and Medical Cen-ter in Wyomissing, a 32,000 square footnewly executed lease with a medical

user in Wyomissing and a 10,000 squarefoot lease signed in Wyomissing. Thesedeals are from companies within theCounty, however by adding to their over-all presence they are reducing the amountof space currently on the market.

Deals are getting done because landlordsare reacting to current market conditions,which means companies are getting fa-vorable incentives, such as introductory

rates, rent abatements and additional ten-ant improvements. Also, landlords arenow offering tenant improvements andincentives to keep their existing tenants.

Continued on Page 4

Providing information and resources for the area's business and commercial real estate decision makers.

Greater Reading

Mar/Apr 2010A Publication by Bryan E. Cole of NAI Keystone Commercial & Industrial, LLC

8,000Sq.Ft.and

3,500Sq.Ft.

MedicalLease

NAIKeystone,withtheassistanceof

KinsleyConstructionandtwoseparate

brokeragefirmsleasedspacetotwo

MedicalUsersattheWyomissingCor

porateCampus. SleepApneaSolu

tionsand

Dr.

Deibert

leased

the

Space.

ThepropertyisaOfficeCampusjustoff

StateHillRoadinWyomissing.

PROPERTYOFTHE MONTH

www.BRYANECOLE.com

Greater Reading Office Market Report: 4

th

Qtr 2009 to 1

st

Qtr 2010By Bryan Cole and John Buccinno

MeridianDevelopment

WyomissingPA19610PrimeCondoopportunityinSpringRidge

Section. Suitesfrom2,500SFto70,000

SFAvailable. NewDevelopment.

SALEORLEASE

SeePage8

Mar/Apr 2010


2/16

BuildtoSuit,811WilliamLane,ReadingPA16,000Sq.Ft.BuildtoSuitopportunityadjacentto811Wil

liamLane.Approvedplansforoffice/flexstylebuilding. SALE

ORLEASE

525LancasterAvenue,ReadingPA

110,000Sq.

Ft.

Shell

Building

ready

for

renovation.

Sits

on

3.8

acreswith524offstreetparkingspaces.Multipleusesallow

ableperzoning. SALEORLEASE

811WilliamLane,ReadingPA19603

23,500Sq.

Ft.

Office

Building

located

on

3acres

in

north

Read

ing.7,500Sq.Ft.availableonthesecondfloor,plusa16,000

Sq.Ft.BuildtoSuitOpportunity.SALEorLEASE

501CrescentAvenue,ReadingPA37,997Sq.Ft.Office/Flexusebuildingon2.34acres.6,000Sq.

Ft.ofwarehouse/flexspaceavailable.CurrenttenantsarePA

CareerLinkandPapaJohnsPizza. SALEORLEASE

Contact Us Today!

Bryan E. Cole @ 610 370 8502

[email protected]

2

PLACE YOUR PROPERTY HERE

NEW LISTINGS

Information concerning these offerings comes from sources deemed reliable, but no warranty is made as to the accuracythereof, and they are submitted subject to errors, omissions, change of price or other conditions, prior sale or lease, or with-drawal without notice. All sizes approximate. NAI Keystone, 3970 Perkiomen Avenue, Suite 200, Reading PA 19606.

210GeorgeStreet,MuhlenbergPA1960537,500squarefootmultitenantedofficebuildinginthe

ReadingsuburbofMuhlenbergTownship,BerksCounty,PA.

Divisibleto1,500SF.HighProfileLocation. SALEORLEASE


3/16


4/16


4 Featured Article cont.

Class A vacancy so far in the firstquarter of 10 has remained stabilewith current rates ranging from$15.50 - $16.75 (Triple Net) on thehigh side; however there is consider-able downward pressure on pricingwithin this segment that is just begin-

ning to be noticeable.

Class B vacancy rates remainedsteady, but pricing is all over theboard due to aggressive incentivesand introductory rates offered bylandlords. Pricing is currently in the$8.00/sf - $12.50/sf and we believethis will continue into the foreseeablefuture, especially since a large blockof space has recently come on themarket due to a major relocation.Recent absorption has come mainly

from expansion of operations bycompanies already in the market, twonotable leases were a 32,000 squarefoot medical user and a 8,500 squarefoot utility.

Downtown City of Reading, althoughhas seen some new deals consum-mated, like the Greater ReadingChamber of Commerce, Greater

CheckoutourNewPropertySpecificWebsites(MoreComingSoon)

www.SpringCorporateCampus.Bryanecole.com

www.WyoCorporateCampus.Bryanecole.com

www.PremiumBusinessCenter.com

www.1MeridianBlvd.Bryanecole.com

www.101southcentreavenue.bryanecole.com

ManyMore...

Featured Marketing Items

2010 Global Market Report - GlobalMarket Information

Commercial Real Estate Newsletter -

All information and archives can befound on www.BryaneCole.com

Berks Development Fund and BerksEconomic Partnership leasing spaceat 201 Penn Street the market re-mains flat due to these companiescoming from existing space withinthe City. Buildings that have seenvacancy for some time, including 645

Penn Street and 501 WashingtonStreet are starting to show some signsof hope due to new management andownership changes taking effect.Owners and tenants are continuing tostruggle with high parking costs andsecurity concerns, which are continu-ing to be addressed by a committedCity Administration.

The suburban market has been flat onthe sale side, due to the continuedeconomic conditions as seen in early

2009 along with difficulty obtainingfinancing. Most of the transactionsare occurring with owner/users withestablished and well capitalized busi-nesses or from deals being consum-mated due to creative financingwhere by owners are holding backsecond mortgages or financing pro-jects outright. Pricing has remainedfairly steady with reduction in value

occurring mostly in the City of Reading.

The City of Reading and economic developmentgroups have been working hard to improve andrevitalize Downtown which shows in the numberof projects underway. The new IMAX Theater andthe nearly completed addition to the Reading Eagle

Headquarters in the CBD are welcome entrants tothe market and kick off a multi-million dollar mainstreet corridor project that includes a new $67 mil-lion Doubletree hotel and garage project acrossfrom the Sovereign Entertainment and Expo Cen-ter. This will help attract a more vibrant restaurantand entertainment segment with increased ameni-ties and ultimately assist to bring tenants backdowntown while decreasing vacancy rates andincreases in the tax base.

The Greater Reading Area offers affordable rentswith good amenities and a well educated work

force. The residential market has remained stableeven in these most troubling times with below av-erage declines in home prices. The desirable bed-room communities along with excellent schoolsmakes the area a good location to raise familiesand run businesses.

By Bryan Cole and John Buccinno


5/16


DEALSAND HIGHLIGHTS

NAI Keystone, with the assistance ofKinsley Construction,and an outside broker leased space to Sleep Apnea Solutionsat The Wyomissing Corporate Campus. Sleep Apnea Solutionsleased approximately 8,000 sq. ft. of Space. NAI Keystone wasthe landlords representative in the transaction. The property is aOffice Campus just off State Hill Road in Wyomissing.

NAI Keystone, with the assistance ofKinsley Construction,and an outside broker leased space to Dr. Deibert at TheWyomissing Corporate Campus. Dr. Deibert leased approxi-mately 3,500 sq. ft. of Space. NAI Keystone was the landlordsrepresentative in the transaction. The property is a Office Cam-pus just off State Hill Road in Wyomissing.

Kinsley Construction, Metropolitan Management and NAIKeystone handle 36,000 Sq. Ft. office lease to an un-namedparty. The facility will be built within the WyomissingCorporate Campus. The site will continue to have 100,000 +Sq. Ft. for lease. Thank you to Kinsley Construction andMetropolitan, and the End User for their help in this transac-

tion.

NAI Keystones Bryan Cole has completed $14 Million Dollarsworth of new leases in the 1st quarter of 2010. Thank you to allor our clients and tenants for their help.

For More Information about Recent Deals and Highlights

please check http://bryanecole.com/comapnynews.html or

join our mailing list for updated information and news.

Check out the new www.Bryanecole.com withimproved Property Search and Map Search

Functions.

5 Real Estate Listings Map


6/16


Office Property

Industrial Property

Commercial Property

Investment Property

Land & Sites


7/16


Commercial City PropertyName

426PennAvenue WestReading





511ReadingAvenue WestReading

5306AllentownPike Temple TemplePlaza

BeechStreetProperty Pottstown

Land City GroundType

201FrontStreet Hamburg RetailGround

301GoldenOaksDrive WhiteHaven ResidentialApproved

Ground

2370Bernville

Road

(183)

Bernville

RetailGround

725HexHwy Hamburg ResidentialGround

I84,PikeCounty PikeCounty IndustrialGround

Rt.724 Birdsboro ResidentialApproved

Ground

UnionStreet Pottsville RetailGround

3MeridianBlvd Wyomissing OfficeGround

Investments City InvestmentType

201FrontStreet Hamburg IndustrialTenant Sal

Leaseback 15YrNNN

1NorwegianBlvd. Pottsville OfficeBuilding Fully

Leased

Rt.901 Minersville RetailStripCenter

700LancasterAvenue Reading OfficeBuilding

501CrescentAvenue Reading OfficeBuilding

OfficeBuildtoSuit NotDisclosed MedicalFacility 15Y

LeaseNNN

Office City PropertyName

1MeridianBlvd Wyomissing MeridianBuilding

3MeridianBlvd Wyomissing MeridianBuilding3

1075BerkshireBlvd Wyomissing

2001StateHillRoad Wyomissing ExecutivePark

2755CenturyBlvd Wyomissing CenturyBlvdPark

2758CenturyBlvd Wyomissing CenturyBlvdPark

1030ReedAve Wyomissing WyomissingCorporateCampus

10HearthstoneCt. Exeter

3970PerkiomenAve Exeter ExeterRidge

roquoisAve SinkingSpring HoffmanIndustriesOfficePark

101S.CentreAve Leesport FormerBrickelsFacility

400W.LancasterAve Shillington

850GoldenDr Blandon MaidenCreekPlaza

201PennStreet Reading GatewayBuilding

777CourtStreet Reading BerkshireTowers

50North4thSt. Reading WashingtonTowers

501WashingtonSt Reading BerkshireBuilding

210GeorgeStreet Muhlenberg MuhlenbergPlaza

Industrial City PropertyName

30North3rdStreet Womelsdorf FormerDoubleHBoot

Facility

171TuckertonRoad Muhlenberg FormerPowerPckg

Warehouse

1055CrossRoads Muhlenberg FormerPowerPckgPlant

1157ArnoldRoad Muhlenberg AirportIndustrialPark

201S.FrontStreet Reading FormerReadingEagle

Facility

2018N.11thStreet Reading

3001St.LawrenceAve Exeter GoodwillBuilding

330N.WyomissingAve Shillington FormerGoodwillIndustries

725Hex

Hwy

Hamburg

Former

West

Side

Wood

Pro.

1298KeystoneBlvd Pottsville FanelliWarehouse

1070CentreTurnpike Orwigsburg FormerMRDLumber

1584BuntingStreet Minersville FormerKaneSteel

811 William Lane Reading Wesco Warehouse Facility

525LancasterAvenue Reading


8/16


8 Featured Property

SpringRidgeCampus

3MeridianBlvd,Wyomissing

PA19610

Single

Story

Prime

Office

or

Medi

calBuildings inWyomissingPA.

64,400Sq.Ft.CorporateCampus.

CondoSaleOpportunities

BuildtoSuitAvailable

ProfessionallyManaged

PROPERTYOFTHE MONTH

Building 1A: 12,400 Sq. Ft. - Divisible to 3,000+/-Sq. Ft. For LeaseBuilding 1B: 16,600 Sq. Ft. - Divisible to 3,000+/- Sq. Ft. For LeaseBuilding 1C: 23,000 Sq. Ft. - Divisible to 3,000+/-Sq. Ft. For LeaseBuilding 2: 12,400 Sq. Ft. - Divisible to 3,000+/-Sq. Ft. For Lease

Property is situated along Meridian Boulevard in Spring Township. Property is within close proximity ofmajor retailers, restaurants and other amenities including Target, Weiss Market, Barnes & Nobles, Chilis,

Panera Bread to name a few. Great access to Berks county road systems within 1 mile of the ramps to Rte 222.

PreliminarySitePlan

Join the Meridian Place Class AAA Office Campus

1MeridianBlvd

Wyomissing,PA19610

40,000Sq.Ft.PremiumOffice

SpaceAvailable

Divisibleto

+/

2,000

Sq.

Ft.

OnSiteCafeteria

FitnessCenter

24/7Security

AdjacenttoBroadcasting

SquareShoppingCenter

AttractiveRates


9/16

What kind of Rent are you paying? Confused? Call us for help!

Gross Lease: A Lease in which, for a specified Rent, the Landlord provides all Services and Repairs and pays all expense of theleased property, such as taxes, insurance, maintenance, utilities, etc

Full Service Rent: A rental rate that includes operating expenses and real estate taxes for the first year. In most cases the tenantwill pay for any increase in operating expenses over the base year amount. Some times stated as Base Year Rent.

Net Lease: Lease in which the Tenant is responsible for payment of Rent, plus some or all Operating Expenses such as taxes, insur-ance premiums, repairs, utilities, etc On most occasions landlord remains responsible for roof and structure.

There are also net-net (double net) and net-net-net (triple net) leases, depending upon the degree to which the tenant is responsi-ble for operating costs.

Triple Net (NNN) Rent: Rent stipulated in a lease in which the tenant agrees to pay all of the landlords operating expenses and realestate taxes for the building. This is often referred to as CAM & Taxes, the CAM being Common Area Expenses. This is themost common form of lease used in the Berks Market.

Base Rent: A Set amount used as minimum rent in a lease which also utilizes a percentage or other allocation for additional rent.

9 Sale-Leasebacks

1800KutztownRoad,ReadingPA196047,300+Sq.Ft.singlestorybuildingwithloadingdock.Wide

columnspacingmakesthisagreatuseforeitherIndustrialor

Retailusers.LEASEorSale

5306AllentownPike,ReadingPA196052,300+Sq.Ft.primeretailspacelocatedinfrontofSams

Club.Over19,000vehiclesperday.Additionalstoragefacili

ties/warehousespaceavailableonsite.LEASE

Retail Properties

RESOURCES

1031TaxDeferredExchanges

BusinessandMarketData

PortfolioOptimization

InvestmentAnalysis

PropertyManagement Commercial,MultiFamily,Industrial

TEAMNAIKeystone:

NAIKeystoneCommercial&Industrial,LLCprovidesbusinesseswiththehighestqualityservicesandthebestrealestate

solutionsformaximizingprofitabilityandperformancelevels. Asaresultofourcommitmenttoexcellence,wehavewon

therespect

of

local,

national

and

international

clients

since

our

inception.

Our

clients

range

from

Fortune

1000

corporations,

majorbanksandinsurancecompaniestoinvestors,privateinstitutions,smallbusinessesandlocalorganizations.

ServicesRendered:

Tenant/BuyerRepresentation

Sales/Leasing/Subleasing

MajorProjectMarketing

NationalandInternationalCorporateServices

BuildToSuitProjects


10/16


11/16

1075BerkshireBlvd,WyomissingPA196102,120Sq.Ft.primeWyomissingofficespacewithmedicaltype

fitout

and

large

on

site

parking

field.

Property

is

ideal

for

manytypesofusersandhasbelowmarketrents. LEASE

11 OFFICE LISTINGS cont. -


108South5thStreet,ReadingPA19601

8,000

Sq.

Ft.

Office

Building

adjacent

to

the

Reading

Public

Library.Excellentofficeorretailopportunitieswith26off

streetparkingspaces. LEASE

2640WestviewDrive,WyomissingPA19610Approximately1,900Sq.Ft.ofPrimeClassAofficespace

alongStateHillRoad. Largeonsiteparkingfield,andgreat

visibility.LEASE

ParkRoad,BlandonPAPrimeRetailOfficeSpaceinBlandonTwp. Thesiteisknownas

MaidenCreekTowneCenterandhasupto24,000Sq.Ft.avail

able,Divisibleto1,300Sq.Ft.LEASE

3602KutztownRoad,ReadingPA196055,000SFofPrimedowntownOfficespacewithoffstreetpark

ingadjacenttoMuhlenberg SchoolDistrict. Canbeconfig

uredtotenantsneeds. LEASE

10HearthstoneCourt,ExeterPA1960613,000Sq.Ft.OfficeBuildingon1.2acresitewithgreataccess

toRte422.Excellentleaseopportunitieswith6monthsfree

rentfor3yeartermsormore. LEASE


12/16

201S.FrontStreet,ReadingPA1960160,000+Sq.Ft.situatedon5+AcresandlocatedjustoffPenn

StreetinReading. EasyaccesstoRoute422andhashighceil

ingsandIscraneserved. SALEORLEASE

30North3rdStreet,WomelsdorfPA

120,000Sq.

Ft.

Manufacturing

Warehouse

Building

for

only

1,600,000. Propertyissituatedona5acrelotandhaseasy

accesstoRoute422. SALEORLEASE

1157ArnoldRoad,ReadingPA19605Upto82,500Sq.Ft.availableinthis219,000Sq.Ft.ClassA

DistributionCenter. Sitehashighdock/sq.ft.ratioandis

availablefrom10,000Sq.Ft.andup. LEASE

1157ArnoldRoad,ReadingPA19605

Upto

82,500

Sq.

Ft.

available

in

this

219,000

Sq.

Ft.

Class

A

DistributionCenter. Sitehashighdock/sq.ft.ratioandis

availablefrom10,000Sq.Ft.andup. SUBLEASE

12 INDUSTRIAL LISTINGS cont.

1450MainSt.,ShoemakersvillePA1955513,000SqFt newlyrenovatedwarehousewithhighefficiency

baylighting,insulatedwalls,ceiling andnewheater.28 30

ceilingheights,2docks,1drivein.LEASE

1070CentreTurnpike,OrwigsburgPA20,000Sq.Ft.Warehouse/RetailSitealongRt.61inOrwigs

burg. Thesitehashighvisibilityandisverywellmaintained.

Highceilingsandlargefencedlot. SALEORLEASE



13/16

330WyomissingBlvd,ShillingtonPA19607

28,000+Sq.

Ft.

Two

Story

Warehouse/Office

Building

located

inShillingtonPA. Primeresidentialconversionopportunity.

Situatedona1.76acrefencedlot. SALEORLEASE

3001St.LawrenceAvenue,ReadingPA1960630,000Sq.Ft.forLeaseinMt.PennPA. OwnedbyaNational

Corporation; highbayceilingsandselfaccess. Greatlocation

alongSt.LawrenceAvenue. LEASE

171TuckertonRoad,ReadingPA19605208,500Sq.Ft.ofPrimeDistributionSpace;CrossDockLayout

witheasyaccesstoRoute422/61. Belowmarketrentswith

visibilityfromRoute222.LEASE

1055CrossRoads,ReadingPA19605324,162Sq.Ft.DistributionandManufacturingFacility. High

Ceilings;FoodGrade,51DockPositions,ExtensiveElectrical,

1.7MillionGPDWater&700KGPDSewer. SALEORLEASE

1298KeystoneBlvd,PottsvillePA

37,500Sq.

Ft,

Prime

Warehouse

space

located

in

High

Ridge

BusinessPark. JustofI81thesiteisidealforanytypeof

warehouseuser. LEASE


13 INDUSTRIAL LISTINGS

184TuckertonRoad,ReadingPA19605245,000Sq.Ft.ofPrimeDistributionSpace;CrossDockLayout

witheasyaccesstoRoute422/61. Belowmarketrentswith

visibilityfromRoute222.LEASE


14/16

14 INDUSTRIAL LISTINGS cont.

1456Rt61,PottsvillePA1797210,00Sq.Ft.CrossDockedWarehouse/FlexBuildinglocated

alongRt.61;186clearceilingheightssituatedon4.8acres.

EasyaccesstoI81andI78. LEASE

209229LancasterAvenue,ReadingPA

GreatRetail

location,

with

high

traffic

counts

and

roof

tops.

Siteiscurrentlyinshellcondition.SALEORLEASE

725HexHighway,HamburgPA1952615,000Sq.Ft.ofBuildingssituatedon7.8Acres. Thissiteis

primeforcommercialorredevelopmentintoResidential.Easy

accesstoI78/Rt.61andCabelas. SALEORLEASE

430FranklinStreet,WestReadingPA

Former

West

Reading

Fire

House,

this

unique

building

has

po

tentialforvarietyofuses,withbothofficeandstoragecapa

bilities. Currently3,000sftoleaseandtotalof6,000S.

SALEORLEASE

341BeechStreet,PottsvillePAPrimeReDevelopment/conversionopportunityneartheMain

retailareaofPottstown. Approvedplansinplacealongwith

grantmoneyanddevelopmentloansavailable.. SALE

425LancasterAvenue,ReadingPALocatedatSingledcornerofGraceStreetandLancasterAve

nue,thissiteisidealforaredevelopment. Potentialofanad

ditional.83acrescouldbeassembled.SALEORLEASE



15/16


15 LAND & INVESTMENTS

WE HAVE BUYERSAND TENANTS LOOKING FOR

We Represent Tenants and Buyers as well

We are looking for the following:

10,000 - 15,000 Sq. Ft. Flex Space by Reading Airport

60,000 Sq. Ft. Warehouse/Distribution Space

Any and All Investment Opportunities

Medical Space for Sale or Lease

Land for Industrial Big Box Development - 50+ Acres

Medical Sale Leaseback Opportunities

Retail Land - Including Lighted Corners and Large Tracts.

If you are looking for space give us a call, we will do all we can to help...

INVESTMENT OPPORTUNITIES

147,000 Sq. Ft. IndustrialFacility

15 Yr NNN LeaseCredit Tenant

Hamburg PA

16,000 Sq. Ft. MedicalFacility

15 Yr NNN LeaseCredit Tenant

New Construction

13,000 Sq. Ft. Retail/Office Facility

2 TenantsLocated along Lancaster

Ave

39,000 Sq. Ft. Office/FlexFacility

Largely Occupied by OneTenant -- Includes

Papa Johns Retail Site

CALL FOR ADDITIONAL DETAILS AND OFFERING PACKAGES

LAND OPPORTUNITIES

Prime Retail Ground inHamburg PA. New Curbcuts proposed right ontoRoute 61 from the site.

Sale or Lease.

Fully Approved Residential Land Opportunities - Two Sites;One in Berks County and One in Monroe County. SaleWe are selling the entire development - Not Individual Lots

Berks County - Just off Route 724 - 77 Townhouse Lots

Carbon County - Very Close Proximity to Pocono Resorts

Prime Retail Ground onRoute 61 in Pottsville PA.

Frontage on Route 61.Sale or Lease

CALL FOR ADDITIONAL DETAILS AND OFFERING PACKAGES


16/16

16Bryan E. Cole of NAI Keystone Commercial & Industrial, LLC

John BuccinnoOffice Specialist

[email protected] 610.370.8508Fax 610 779 1985

www.Bryanecole.com

John started his professional career after graduating from Uni-versity of Michigan working with the consulting firm Booz,Allen & Hamilton in the early 1990's. After learning a littleabout business in the outside world John opened his own busi-ness in commercial/residential lending and real estate devel-opment in 1992. The business grew to a 45 person operationwith 3 locations and $15 million a year in gross revenues. In2005 John sold his business and began the process of re-educating himself in the world of Commercial Real Estate.After finding that the best team in Berks County resides atNAI Keystone Commercial & Industrial, LLC John was eagerand proud to join the operation in 2007 to further develop hisconsulting and management skills in the field of commercial

real estate. John is currently working on his CCIM designa-tion and with all of the course work completed it wont be longbefore he meets all of the requirements to be a Certified Com-mercial Investment Manager. John is a licensed broker inPennsylvania and Michigan.

NAIKeystoneCommercial&Industrial,LLC

ExeterRidgeCorporateCenter

3970PerkiomenAvenue

Suite200

Reading,PA19606

610.779.1400(Phone)

610.779.1985(Fax)

[email protected]

www.Bryanecole.com

ReturnServiceRequested

BryanE.Cole

Bryan E. ColeOffice and Industrial Specialist

[email protected] 610.370.8502Fax 610 779 1985

www.Bryanecole.com

Bryan joined NAI Keystone in July of 2004, but before join-ing NAI Keystone, Bryan Cole spent 4 years active duty inthe U.S. Marine Corp, including a 6 month deployment inAfghanistan, a 4 month deployment in Kuwait/Iraq, and a 7month deployment in Japan. Prior to joining the militaryBryan was involved in the construction of commercial andmulti-unit properties in the Philadelphia suburbs. Bryan hasexperience working with a diverse group of individuals innumerous countries throughout the world. During Bryanstime with NAI Keystone, he has sold and leased in the excessof $80 Million Dollars worth of Commercial Real Es-tate. Because of this, Bryan earned NAI gold club status hisfirst year in the business which is presented to approximately

75 - 100 brokers within the NAI Global network, which iscomprised of over 8,000 Brokers. Bryan is currently workingon earning both his CCIM designation and SIOR designation.Bryan is currently NAI Keystone's Top Performer for 2006,2007, 2008, and 2009.

NAI Keystone - Bryan Cole, March's Greater Reading Commercial Real Estate Newsletter

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Transcript of NAI Keystone - Bryan Cole, March's Greater Reading Commercial Real Estate Newsletter