ALT Realty of Bethlehem, Pennsylvania, has fully leased the 42,000-square-foot Heritage Riverview Building at 132 S. 3rd Street in Easton, Pennsylvania. The building’s two tenants are Hearst Publishing and Scalarworks, a leading manufacturer of high-performance sighting systems for the firearms industry.
Hearst began occupying 33,000 square feet of the Class-A office space in January 2021, and Scalarworks will occupy 9,672 square feet on the building’s second floor this fall. Natalia Stezenko of ALT Realty represented both the landlord and the tenant in securing Scalarworks as a tenant in a 10-year lease.
The Heritage Riverview Building’s redevelopment began in 2019, and progress was delayed by foundation issues and COVID-19. The original building was constructed in the 1920s and previously housed a car dealer, auto supply store, restaurant and bowling alley. In redeveloping the building, all the exterior walls were maintained to preserve the historic nature of the building.
“ALT Realty is pleased to have fully leased Heritage Riverview with two tenants that bring well-paying jobs to downtown Easton,” says Lisa Pektor, President, ALT Realty. “We would like to thank the City of Easton, Mohawk Construction and Greystone Capital for their collaboration to make this attractive downtown office building with underground parking a reality.”
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/.