A 14-acre complex that once housed labs, offices and manufacturing space for Lord Corp. in Erie, Pennsylvania, is now being marketed to tenants now that demolition and debris removal is nearing completion, GoErie.com is reporting.
The end the site cleanup is 14 months after Maverick Contracting Ltd., Lisbon, Ohio, purchased the property $375,000—a fraction of the $2 million it had been valued at by the Greater Erie Industrial Development Corp., which filed for bankruptcy in April 2016, the GoErie.com report says.
Bill Dickey, part owner of the firm, says demolition has allowed people to see past the “big, old, ugly” building that stood on the site.
The 12th Street location had undergone several additions over the years at took up about 400,000 square feet under roof.
Lord, which was founded in Erie in 1924 but now based in Cary, North Carolina, has reportedly provided $660,000 toward the cost of demolition and has set aside another $130,000 toward environmental monitoring at the site, the GoErie.com report states.
Four buildings are available for lease with a total available space of 110,000 square feet. Three of those are existing buildings and a fourth is a building pad. Additional buildings could also be build on the property.
Dickey expects new projects on the site by summer and says a tenant could move in later this year.
No more results found. The end the site cleanup is 14 months after Maverick Contracting Ltd., Lisbon, Ohio, purchased the property $375,000—a fraction of the $2 million it had been valued at by the Greater Erie Industrial Development Corp., which filed for bankruptcy in April 2016, the GoErie.com report says.
Bill Dickey, part owner of the firm, says demolition has allowed people to see past the “big, old, ugly” building that stood on the site.
The 12th Street location had undergone several additions over the years at took up about 400,000 square feet under roof.
Lord, which was founded in Erie in 1924 but now based in Cary, North Carolina, has reportedly provided $660,000 toward the cost of demolition and has set aside another $130,000 toward environmental monitoring at the site, the GoErie.com report states.
Four buildings are available for lease with a total available space of 110,000 square feet. Three of those are existing buildings and a fourth is a building pad. Additional buildings could also be build on the property.
Dickey expects new projects on the site by summer and says a tenant could move in later this year.