BETHLEHEM, PA (February 3, 2020) –ALT Realty of Bethlehem, Pennsylvania, recently represented Ike Holdings, LLC, in the sale of 197 Padula Road in Forks Township, Pennsylvania, to Northampton Farms, LLC. The property is 32 acres of undeveloped land that is zoned General Industrial.
“In closely working with the seller, I connected them with potential buyers and helped them secure a fair market price and timely closing,” said ALT Realty’s Lisa Meszler Lyon, Commercial Specialist. “With market knowledge and experience selling this type of property, I was able to guide the seller through the sales agreement process and due diligence period.”
Contracts for undeveloped land typically require a longer due diligence period so the buyer has the time to confirm development potential.
About ALT Realty
ALT Realty is a full-service Real Estate brokerage company designed to accommodate a magnitude of client requirements. ALT Realty offers valuable real estate services and advisement for all aspects of the real estate business. ALT Realty has experience in commercial, office, residential, land development, retail, medical, warehouse, leasing and sales transactions and will assist clients with tenant and landlord representation, site analysis, construction management and development services. Since its inception in 2011, ALT Realty has grown to become one of the premier boutique real estate brokerage companies in the Lehigh Valley and has closed more than $85.5 million in sales and completed leasing transactions of more than $139.9 million in value. ALT Realty clients capitalize on long-standing relationships and market knowledge of the Lehigh Valley, spanning from developers, retailers, local hospitals and other medical service providers, engineers, architects, attorneys and other brokers. Learn more at: https://alt-realty.net/.