Bethlehem, PA, December 11, 2020 — Kevin M. Cain, veteran commercial, industrial, and investment real estate advisor and consultant with over 28 years of experience, has extended the lease with the JG Petrucci Company for the 1911 Spillman Drive, Bethlehem, PA property. The 12-year lease includes a 125,000 square foot flex/distribution building that houses the Scandinavian Tobacco Group A/S (Cigars International, US business unit wholly owned by STG).
In addition, a 100,000 square foot building expansion by the builder Iron Hill Construction has been decided. Cain stated, “In 2009, the site was bought with the forethought of the ability to add an additional 100,000 square feet, so it’s nice to see that come to fruition.” Cain continued, “It was a pleasure working with the team at STG and Iron Hill/JGPCO to extend the lease at 1911 Spillman Drive for 12 additional years and add 100,000 square feet to the 13-acre site.”
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