Updated Aug 17, 2026
Freshpet Leases 216,000 Square Feet At 757 Hellertown Road In Bethlehem With BGO Cold Chain And J.G. Petrucci Co
757 Hellertown Road
Building Size
216,000 SF
Asset Type
Industrial
Closing
Aug 12, 2026
About this deal
AI
This industrial asset, located at 757 Hellertown Road in Bethlehem, PA, is a newly developed facility with a total area of 216,000 square feet. This property is significant as it represents Freshpet's first dedicated cold storage facility, catering to the specific needs of their operations in the area.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 757 Hellertown Road
- Market: Bethlehem, PA
- Landlord: BGO Cold Chain & J.G. Petrucci Co.
- Tenant: Freshpet
- Lease Date: 08/12/2026
- Expected Delivery: Year-end
The transaction involves BGO Cold Chain and J.G. Petrucci Co. as the landlords, while Freshpet has secured a full-building lease for the specified property. The development is strategically located near Freshpet’s existing operations, indicating a planned expansion of their distribution capabilities.
Players
Bethlehem Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Deal FAQ
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