Larken Associates recently said it signed a 21,200-square-foot land lease with First Commonwealth Federal Credit Union (First Commonwealth) at Carbon Plaza located at 1241 Blakeslee Boulevard Drive East in Lehighton, Pa. First Commonwealth, a current tenant at Carbon Plaza, will construct a 2,600-square-foot financial center and move to the new space upon completion in Q2 2025.
Larken Associates was represented by Victor Kelly, executive vice president of Raider Realty, the firm’s in-house brokerage division, and First Commonwealth was represented by Derek Zerfass, senior vice president of Colliers, in the transaction.
With over $1.4B in assets, First Commonwealth is one of the most accomplished and preeminent credit unions serving Pennsylvania and New Jersey. The new Financial Center at Carbon Plaza will offer members a full suite of services powered by the latest technology and a dedicated team of member experience associates. The building will also feature a self-serve drive-thru lane for member use.
“We are looking forward to deepening our roots in Lehighton with the construction of our new Financial Center at Carbon Plaza. This community has always been a valued part of our network, and we look forward to serving our members even better with a state-of-the-art facility that combines cutting-edge technology with the personal touch of our dedicated team,” Donna LoStocco, president and chief executive officer at First Commonwealth Federal Credit Union said. “Our commitment to Lehighton is unwavering, and we can’t wait to welcome everyone to our new home in 2025.”
Kelly added, “Since our purchase of Carbon Plaza in 2021, we’ve been committed to identifying strategic enhancements to continue to make it a space geared to the needs of our local residents. First Commonwealth’s long-term commitment will ensure Carbon Plaza remains a focal point for the local community, and we are excited to welcome them to their new space next year.”
Situated on 33 acres on Route 443/Blakeslee Boulevard, Carbon Plaza is a 210,314-square-foot grocery-anchored shopping center featuring a diverse mix of retail, office and medical spaces. With 1,200 feet of frontage along a core regional thoroughfare, Carbon Plaza is the ideal home for companies to establish or expand their presence in Lehighton and the surrounding communities.
