KW Commercial sells 9.7 acres to Lehigh University in Center Valley, PA

June 2015-Lehigh Valley, PA- KW Commercial-The James Balliet Commercial Group, a full service commercial real estate company with an office located at 40 S. Cedar Crest Blvd. Allentown, PA is pleased to announce they have sold 9.7 acres of land on Rt 309 in Center Valley, PA to Lehigh University.

James Balliet of KW Commercial represented the Sellers, The Trexler/Barndt Partnership  and Kim Meincke of Jones Lange Lasalle represented LUP4, LLC in the transaction. The purchase price was $2,495,000.00 and the Universities plans for the property are unknown.

Lehigh University is an American private research university located in Bethlehem, Pennsylvania. It was established in 1865 by businessman Asa Packer and has grown to include studies in a wide variety of disciplines but best known for their Engineering curriculum.

The university has over 680 faculty members; awards and honors recognizing Lehigh faculty and alumni include the Pulitzer Prize, Fulbright Fellowship, and membership in the American Academy of Arts & Sciences and the National Academy of Sciences.

KW Commercial-The James Balliet Commercial Group is a full service commercial real estate company serving the Lehigh Valley, Northeastern Pennsylvania and select counties of New Jersey.

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