News Release:
Reading Building Back in Business
Caracor is pleased to announce the sale of 425 N. 3rd Street in Reading from to L & H Signs, a sign manufacturing business from Fleetwood, PA. Development Manager and real estate agent Sean Murray represented both parties in the transaction.
L & H purchased the building in Reading as part of the company’s expansion plans. L & H will invest between $750,000 and $1 million to refurbish, paint and improve the facility. The work is expected to be completed by the end of September 2007, when manufacturing operations are scheduled to be transferred to the Reading facility. The company currently employs 40 people at the Fleetwood location and plans to increase their workforce by fifty percent or more over the next three years.
The property consists of a 57,000 SF building on 2.74 acres, situated at the corner of N. 3rd Street and Buttonwood Street. The property was occupied by Reading Sheet Metal Products for many years until the company relocated to Allentown.
Click the link below to check out the Project Profile for the Buttonwood Building
Call us at 610.770.3600 or email us at sales@caracor.com for more info.
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