A 254,200 square foot industrial building constructed on speculation by Mericle has two new tenants.
The Emery-Waterhouse Company, based in Portland, Maine, has located a sales and distribution center in 135,991 square feet at 275-285 CenterPoint Boulevard. The lease was brokered by William Hassan and Bill Wolf of CB Richard Ellis. Dan Walsh coordinated the transaction for Mericle.
Emery-Waterhouse is a full-service distributor of lawn and garden products and various hardware items and has been serving retailers throughout the U.S. for more than 160 years.
Emery CFO Gary Merill was quick to praise Walsh, as well as “the entire professional staff at Mericle.” He noted that the ability to negotiate directly with Mericle’s principals “helped to eliminate the bureaucracy found in other organizations.”
QuietFlex Manufacturing, headquartered in Houston, has opened a manufacturing operation in 80,880 square feet in the building. The transaction was brokered by Andrew Iversen, Senior Vice President of Jackson Cooksey of Houston. Jim Hilsher managed the transaction for Mericle.
Founded in 1976, QuietFlex is a subsidiary of Goodman Global Holdings, Inc., the second largest residential HVAC company in the United States. QuietFlex is a high-volume, high-quality provider of flexible air duct.
The Pennsylvania Department of Community and Economic Development provided an incentive financing package to QuietFlex. Governor Ed Rendell, State Senator Ray Musto and State Representative Mike Carroll provided key support to the project. Janet Smith of Pennsylvania’s Governor’s Action Team also provided assistance.
CenterPoint is just ½ mile from 1-81 and I-476 and offers a 10-year, 100% real estate tax abatement on improvements via the LERTA program. The program was approved by the Jenkins Township and Pittston Township Supervisors, the Pittston Area School Board and the Luzerne County Commissioners to make the park more attractive to job-creating companies in need of space.
Mericle Commercial Real Estate Services, founded by Rob Mericle, is a vertically-integrated company with more than 200 in-house professionals with expertise in all aspects of commercial real estate development and construction. The Mericle team includes licensed architects, land planners, professional engineers, surveyors, licensed electricians, plumbers, carpenters, certified public accountants, in-house legal counsel, leasing and marketing professionals, licensed brokers, property managers, and more.