MERICLE ADVANCING CONSTRUCTION FOR 10 SPEC PROJECTS

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WILKES-BARRE, PA. — Wilkes-Barre-based Mericle Commercial Real Estate Services is advancing construction for seven speculative industrial buildings totaling 1.1 million square feet, and is currently completing site work for three more projects totaling 700,000 square feet. Eight of the buildings are located within CenterPoint Commerce & Trade Park East in Pittston, Pa. Additionally, a 410,000-square-foot, rail-served facility in Hazelton, Pa., is ready for tenant occupancy; and a 41,344-square-foot office building in Wilkes-Barre will begin construction later this year. Rental rates for the properties start at $4 per square foot, triple net.

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