Tuesday, October 9, 2018

Rockefeller/PCCP JV Building 1.3M SF Distribution Hub in Allen Township, PA

by Steve Lubetkin, Globest.com
Rockefeller Group and joint venture partner PCCP are building the first of a two-building, 1.3-million-square foot distribution center in Allen Township, PA. Construction has commenced on a one-million-square-foot building at Rockefeller Group Logistics Park, with construction for a second 290,788-square-foot building expected to begin later this year.  Both buildings are expected to completed by summer 2019.
”Rockefeller Group is excited to begin construction on Rockefeller Group Logistics Park as we expand our industrial development portfolio to Pennsylvania,” says Brandi Hanback, executive vice president and head of industrial development for Rockefeller Group. “The Lehigh Valley has emerged as a new source for companies with large space requirements that also benefit from proximity to the region’s major consumer bases.”

Rockefeller Group Logistics Park is two miles from Lehigh Valley International Airport, which offers both air cargo and passenger service, and is three miles from Route 22, offering toll-free access to Port Newark/Elizabeth via Interstate 78. The site is located within a day’s drive to one-third of all US consumers and one-half of all Canadian consumers. One of the largest logistics hubs in the US is adjacent to the property.
“In addition to its exceptional location, Rockefeller Group Logistics Park will comprise next-generation industrial product that is being built to accommodate the advanced needs and rapid growth of today’s users,” says Johanna Chervak, director of real estate development for Rockefeller Group’s NJ/PA Region.  “We expect these speculative distribution buildings to attract e-commerce companies looking to reach consumers in a timely manner and we are already beginning to see interest, even before walls are tilted.”

“Rockefeller Group Logistics Park sits within one of the fastest-growing areas of Pennsylvania, surrounded by a robust and diverse labor pool, as well as amenity-rich communities. For some industrial users, the New Jersey market is not as viable due to high pricing and limited space. The Lehigh Valley offers these companies an ideal alternative with a similar quality of development, location, and labor access.”

The first building will include a 40-foot clear height, 509 car parking spaces, 179 loading cross loading dock doors, and 349 trailer parking spaces. The 290,788-square-foot building features a 36-foot clear height, 241 car parking spaces 38 dock doors, and 55 trailer parking spaces.
www.omegare.com

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