Best of 2019 - Largest Industrial Lease - Colliers International PA

Colliers International-PA CarbonLite Berks 61, Muhlenberg Twp., PA

Size: 270,000 SF Lease, $80M new build to suit construction Brokers: Mark Chubb, Michael Zerbe and Summer Coulter In 2019 Colliers’ logistics team of Mark Chubb, Michael Zerbe and Summer Coulter assisted California-based manufacturer Carbon Lite in its East Coast expansion with a new 270,000 SF lease with Landlord Endurance Real Estate Group. Build to suit construction of its new $80 million recycling plant at “Berks61” in Muhlenberg Township, Berks County is nearing completion, with tentative opening planned for February of 2020. The operation is expected to bring more than 130 jobs to the Reading area. CarbonLITE is the largest producer of food-grade Post-consumer Recycled PET in the world, its’ existing facilities process more than four billion plastic bottles annually. Pennsylvania’s plentiful blue-collar labor force was a deciding factor for CarbonLITE, putting the keystone state at the forefront of the green revolution - preserving resources and reducing the nation’s carbon footprint from PET bottle production. READ MORE


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