Updated Feb 10, 2026
Hörmann Group North America Leases 34,500 SF At Indus Realty Trust In Allentown PA
4741 Chapmans Road
Building Size
34,500 SF
Asset Type
Industrial
Closing
Feb 10, 2026
About this deal
AI
The asset involved in the transaction is an industrial property located at 4741 Chapmans Road, Allentown, PA, with a total square footage of 34,500. The property is owned by INDUS Realty Trust and has been successfully leased to Hörmann Group North America.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Landlord: INDUS Realty Trust
- Tenant: Hörmann Group North America
- Brokers: Lee Fittipaldi, Michael (Mike) Adams, Sarah Finney Miller & Collin Holben - NAI Summit
NAI Summit has successfully facilitated the lease transaction, achieving full occupancy for the Indus Realty Trust's class A warehouse property. This deal highlights the active demand for industrial space in the Lehigh Valley region.
On the Map
Industrial
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Players
Allentown 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