Brasler Properties specializes in rehabilitating large single-tenant industrial facilities into state-of-the-art multi-tenant industrial space. As a third generation family owned small service-intensive organization managing long-term assets, Brasler's mission is for tenant's needs to be met immediately, efficiently and economically.
The Brasler approach is to transform large vacant or nearly vacant industrial facilities, market them and ultimately lease them to multiple tenants at attractive below-market rentals. The company delivers a superior level of fit out and lasting capital improvements that adds value to each facility it owns and manages. The broader environmental benefits of redeveloping industrial properties for future re-use, in many instances surpass the popularly recognized new construction projects attaining high LEED Standards and other Green Building certifications.
For equity participants, the company creates long-term investment opportunities in the privately held industrial property market. Brasler is engaged in an advisory role to other large industrial property owners in property management and redevelopment project delivery.
2013
- Landis Logistics term leases 79,000sf for pick and pack, warehousing and distribution requirement.
- Pratt Corrugated Holdings, Inc. leases Unit 1, 115,000sf for 10 years. Pratt's Display Division production space will include 6,000sf of new offices, a new entry design, new parking for 70 vehicles and upgraded docks and T-5 high lumen count lighting.
- EthoSource term leases 45,000sf for a new showroom and warehousing for retailing of their used and new office furniture selection.
2012
- Reitnouer Inc. Leases 80,000sf at the Rt 61 Distribution Center in Reading PA for it's new Raildecks aluminum international container trailer bed production facility.
- Stericycle Leases flex building at Rt 61 Distribution Center.
- PVH Corp and Pratt set up temporary pick and pack distribution operations at RT 61.
- Brasler & Endurance sell 400,000sf Premium Business Center in Reading, PA to STAG Industrial for $43.00 per sf.
- Brasler Completed Phase 2 design, code compliance and delivery of 15,000sf new offices, production improvements, 6,000sf of building additions and site improvements for Packaging Corporation of America(NYSE: PKG) 228,000sf corrugated finished products plant in Reading PA.
In 1999, Brasler identified Central and Eastern Pennsylvania as under-appreciated areas of consistent growth and industrial investment potential and initiated several Industrial rehab projects. Past activities included the acquisition, lease up and disposition of a 200,000 square foot Richardson Drive facility in Lancaster and the former Caterpillar 1,500,000+ square foot 'Butterfly Project' transformation into the York Business Center.(see YBC Success Story to understand this world class redevelopment better)
As part of its ongoing commitment to the community, Brasler, since 1982 continues to provide The Arthur Ashe Youth Tennis Education (AAYTE) organization pro bono work. Throughout the past decade Brasler oversaw the site selection and construction of the new $12 Million, 80,000 Square Foot AAYTE Center, as well as the disposition of the former 32,000 Square Foot site in the Manayunk section of Philadelphia. Currently, 8,500 children participate in AAYTE's tennis and scholastic programs.
"Bob Brasler, Artis Ore and the AAYTC kids at the completion of the new tennis center" - September, 2006
