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Tenants emerge as top buyers of Lehigh Valley industrial properties

Distribution tenants outspent institutional and private capital investors to acquire local warehouses
J.B. Hunt Transport Services, which partially occupied 1235 Easton Road in Bethlehem, Pennsylvania, acquired the industrial property for $30 million earlier this year. (CoStar)
J.B. Hunt Transport Services, which partially occupied 1235 Easton Road in Bethlehem, Pennsylvania, acquired the industrial property for $30 million earlier this year. (CoStar)
CoStar Analytics
May 20, 2025 | 1:52 P.M.

There's been a significant shift in the Lehigh Valley industrial market as large industrial space users and tenants increasingly opt to buy their formerly leased warehouse and distribution properties.

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