Posted by: Bob Wiley | January 25, 2017

Rodale to sell three Emmaus properties, asking $4.6M

By Wendy Solomon, January 24, 2017 at 11:51 AM
Rodale's Headquarters in Emmaus (Contributed photo)

Rodale’s Headquarters in Emmaus (Contributed photo)

Rodale Inc. plans to sell three properties in Emmaus, a move the publishing giant says will help centralize operations at its headquarters in the borough.

The three properties include two office buildings and a 10-acre parcel that could generate about $4.6 million for the company if sold.

NAI Summit in South Whitehall Township listed the properties: a two-story silk mill converted to offices at 554 North St. listed for $3.42 million; the Rodale Energy Center and Food Services building at 1134 Pennsylvania Ave. listed for $825,000; and a 9.85-acre lot and 1,600-square-foot service garage at 1480 Pennsylvania Ave. listed for $394,000.

Rodale plans to renovate its headquarters on East 10th Street, including photo and video studios, a food-testing kitchen and fitness facilities.

“This is a move that is smart for our business and our culture,” chief operating officer Beth Buehler said in a statement.

“With a centralized South Mountain campus, we will be looking to refresh and modernize our work environment to be reflective of our transforming culture,” Buehler said.

“We will be developing a workplace that will further break down silos, enhance collaboration across departments and offer a more dynamic floor plan and vibe.”

In 2015, Rodale sold for $2.95 million three properties that comprised its former corporate headquarters on East Minor Street to the borough of Emmaus.

 

Source:  LVB

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