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Benchmark Real Estate and Regal Ventures Acquire 85,053-Square-Foot Industrial Building in Pennsylvania's Lehigh Valley

EASTON, Pa., July 20. A partnership between Benchmark Real Estate and Regal Ventures has acquired an 85,053-square-foot industrial building in Easton, Pennsylvania, the companies said. The new owners plan a 70,000-square-foot expansion of the triple-net lease property, according to the announcement.

By Julian Merrick2 min read
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Key takeaways

  • A partnership between Benchmark Real Estate and Regal Ventures has acquired an 85,053-square-foot industrial building in Easton, Pennsylvania, in the Lehigh Valley.
  • The new owners plan a 70,000-square-foot expansion, bringing the site's total industrial footprint to roughly 155,053 square feet.
  • Benchmark Real Estate is based in New York, and Regal Ventures operates from Lancaster, Pennsylvania.
  • The property is held under a triple-net lease, but the tenant, lease rate, and remaining lease term were not disclosed.
  • The announcement provided no purchase price, financial terms, construction timeline, or cost estimate for the expansion.

EASTON, Pa., July 20. A partnership between Benchmark Real Estate and Regal Ventures has acquired an 85,053-square-foot industrial building in Easton, Pennsylvania, the companies said. The new owners plan a 70,000-square-foot expansion of the triple-net lease property, according to the announcement.

The acquisition

Benchmark Real Estate is based in New York. Regal Ventures operates from Lancaster, Pa. The two firms joined to acquire the Easton site in Pennsylvania's Lehigh Valley. The release provided no purchase price or financial terms.

The property is held under a triple-net lease. The announcement did not name the tenant, disclose the lease rate, or identify the remaining lease term.

Expansion scope

The planned 70,000-square-foot addition would bring the site's total industrial footprint to roughly 155,053 square feet. The release included no construction timeline or cost estimate for the expansion.

Source: company announcement, July 20, 2026.

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Frequently asked

Where is the acquired industrial building located?

The building is located in Easton, Pennsylvania, in the state's Lehigh Valley region.

How large will the property be after the planned expansion?

The planned 70,000-square-foot addition would bring the site's total industrial footprint to roughly 155,053 square feet.

How much did the partnership pay for the property?

The release did not provide a purchase price or any financial terms for the acquisition.

Who are the companies behind the acquisition?

The buyers are Benchmark Real Estate, based in New York, and Regal Ventures, based in Lancaster, Pennsylvania.

Who is the tenant occupying the triple-net lease property?

The announcement did not name the tenant, nor did it disclose the lease rate or remaining lease term.