Post Road Management Acquires Class A Office Property In Bethlehem For $6.1M From A10 Capital

Post Road Management acquired four commercial condominium units at 1 East Broad Street, located in Bethlehem, Pennsylvania. The property, which spans 72,676 square feet, was acquired for a transaction amount of $6.1 million. It is classified as a Class A office property and features 20 tenant suites that accommodate both retail and office tenants, including notable entities such as the Administrative Office of Pennsylvania Courts and Fulton Bank.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $6,100,000
• Address: 1 East Broad Street
• Market: Bethlehem, PA
• Square Footage: 72,676
• Price Per Square Foot: $84
• Buyer: Post Road Management
• Seller: A10 Capital
• Brokers: Brian Higgins, David Shoemaker, Jack Hamilton, Andrew Fannin & Ari Nordlinger - Marcus & Millichap

The transaction involved key representatives from the brokerage firm Marcus & Millichap, specifically Brian Higgins, David Shoemaker, Jack Hamilton, Andrew Fannin, and Ari Nordlinger, who facilitated the deal between Post Road Management and A10 Capital for the office property located at 1 East Broad Street.