Updated Jul 29, 2025
Filter King, LLC Leases 61,600 Square Foot Facility In Bethlehem For Manufacturing Expansion
2701 Baglyos Circle
Building Size
61,600 SF
Asset Type
Industrial
Closing
Jul 28, 2025
About this deal
AI
The property asset involved in this lease transaction is a 61,600 square foot industrial facility located at 2701 Baglyos Circle in Bethlehem, PA. The market for this asset is in the Lehigh Valley Industrial Park, which is conducive for manufacturing and distribution operations.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Square Footage: 61,600
- Address: 2701 Baglyos Circle
- Market: Bethlehem, PA
- Landlord: J.G. Petrucci Inc.
- Tenant: Filter King, LLC
- Broker Representatives: Paul Weiss & Sergei Ivasiuc - PF Weiss Realty
This transaction marks a significant step for Filter King, LLC as it aims to expand its manufacturing and distribution capabilities to reach 90% of the U.S. population within three days. The move is part of a growth plan which is expected to create up to 120 jobs and enhance the company's presence in the Northeast, with support from J.G. Petrucci Inc. and its team.
Players
Bethlehem Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93