Partnership Acquires 85,053-Square-Foot Industrial Building in Pennsylvania's Lehigh Valley
New Owners Plan 70,000-Square-Foot ExpansionoOf Triple-Net Lease Property in
Regal Ventures is a
The property, located at
Neither the sale price nor the seller was disclosed.
"We are excited to partner with HAT as they continue their impressive growth trajectory," said
"The 70,000-square-foot expansion we structured directly addresses HAT's current needs and positions the company for continued growth, while strengthening the long-term fundamentals of the property. We are proud to have driven that solution and look forward to supporting their continued success in the years ahead."
"The
The
Human Active Technology (HAT) designs, engineers, and manufactures ergonomic workspace solutions -- from customizable workspace furniture to monitor arms, sit-stand workstations, and point-of-sale systems -- that enable healthier, more productive interactions between people and technology. The company was founded in 1986 as Innovative Office Products and rebranded as Human Active Technology in 2022.
The growing
About Regal Ventures
Founded in 2019, Regal Ventures is a
Regal Ventures' platform is anchored by two complementary verticals: infill retail assets anchored by necessity-based and experience-driven tenants in dense urban submarkets, and small bay/flex industrial properties with divided floorplans serving smaller-tenant demand in and around major metropolitan areas. Backed by a strategic partnership with the Cohen family office and a team with more than 80 years of combined real estate experience, the firm combines institutional rigor with the flexibility to capitalize quickly on evolving market dynamics.
For more information, visit www.regalventures.com.
About Benchmark Real Estate, LLC
Founded in 2018, Benchmark Real Estate, LLC, is a vertically integrated, real estate development and construction company based in Lancaster, PA. The company specializes in bringing unique perspectives and investment creativity to solve complex deal structures, financing, and operational barriers.
The company's mid-Atlantic investment portfolio includes industrial, healthcare, senior living, and multifamily properties. It focuses on value-add and ground-up opportunities in stable markets that are well positioned to drive value for its partners.
It is an affiliate of Lancaster-based Benchmark Construction Company Inc., a company founded in 1985 that offers an array of construction services including construction management, design-build, preconstruction, and general contracting. It serves a range of commercial and institutional clients.
Media contact:
Steve Vitoff
Regal Ventures
516 652 0785
[email protected]
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SOURCE Regal Ventures
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