A local manufacturer of sanitary paper products is expanding to CAN DO’s Multi-Tenant Building #2 (above) in Valmont Industrial Park.
A local manufacturer of sanitary paper products is expanding to CAN DO’s Multi-Tenant Building #2 in Valmont Industrial Park.
CAN DO recently purchased the building to add to its portfolio of real estate offerings. CAN DO owns, maintains and leases several hundred square feet of buildings as part of its inventory, including multi-tenant complexes.
The tenant’s new location is 60,000 square feet, a sizeable increase from its previous 35,000-square-foot footprint. CAN DO is scheduled to complete renovations and deliver the building this summer.
Knowing the company was outgrowing its space, CAN DO began speaking with company leaders to find a suitable solution. CAN DO was able to find the company an ideal location while keeping it in the Hazleton area, retaining those jobs for the community. To supplement our ability to fulfill their real estate needs, CAN DO also helped the company with financial assistance for the project.
Vice President of Sales and Marketing Joseph Lettiere said that industrial real estate activity in the community continues to trend upward and that CAN DO can help companies searching for a new home in the Hazleton area. “This reflects our understanding that most of the job growth and capital investment in the community is created by existing companies and we are committed to assisting local businesses. CAN DO’s relationship with companies in Greater Hazleton continues long after the initial real estate transaction is completed, as we are able to assist companies in a number of ways, including helping them find space as they grow,” he said.
As a result of the recent expansion and move, two new industrial/flex spaces will be available for lease by late summer in Multi-Tenant Buildings #7B and #7C. 24,000 SF will be available in 7B and 9,100 SF will be available in 7C. To learn more, contact CAN DO’s marketing department at 570-455-1508.