Friday, August 19, 2016

Duke Realty Building Another Bulk Warehouse In Lehigh Valley

by Steve Lubetkin, Globest.com
Duke Realty Corp. has begun construction of 33 Logistics Park 1611, a new, speculative, 628,475-square-foot bulk warehouse adjacent to Duke Realty’s recently completed and fully leased 1.1 million-square-foot warehouse on Van Buren Road just off Route 33 at the new four-way diamond interchange at Main Street.

“With the quick lease-up of our 1.1 million-square-foot building in 33 Logistics Park and strong ongoing demand for warehouse space in the Lehigh Valley, we wanted to be sure that we are well-positioned to offer move-in ready, first-class space to companies who can’t wait for a build-to-suit facility,” says Jeff Palmquist, senior vice president of Duke Realty’s Northeast Region. “When complete, 33 Logistics Park 1611 will be an attractive solution to distributors looking for a large block of modern space and superior highway access where they can begin operations right away.”

Construction on 33 Logistics Park 1611 will begin in September, with delivery scheduled for June 2017. In addition to 36′ clear height, the building will feature 64 dock doors, two drive-in doors, and parking for 110 trailers and 350 automobiles. Tenants will have the ability to build out their office space to their specifications.

“The Lehigh Valley continues to be one of the nation’s most in-demand distribution hubs because of its proximity to the highly populated New York City metropolitan area,” says Palmquist. “The location of 33 Logistics Park 1611 will provide companies ready access to I-78, I-81 and I-80 and be within a day’s drive of more than 40 percent of the population of the United States and Canada.”

33 Logistics Park 1611 will be Duke Realty’s fourth building in the Lehigh Valley and second in 33 Logistics Park. Duke Realty also owns two buildings in West Hills Business Center on the west side of the valley—a 980,000-square-foot bulk warehouse and a 233,000-square-foot bulk warehouse. These four facilities, along with other bulk warehouse buildings it owns in Pennsylvania, New Jersey, Maryland and Northern Virginia, raise Duke Realty’s Northeast United States industrial portfolio to more than 9.7 million square feet.
www.omegare.com

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