Friday, July 31, 2015

Duke Developing 1.1M SF Spec Warehouse on East Side of Lehigh Valley

by Steve Lubetkin,
Duke Realty Corporation has purchased a 63.1-acre site on the east side of the Lehigh Valley where it will build a new speculative 1.1 million-square-foot, modern bulk industrial building to be available in late 2015 or early 2016.

The warehouse, Building One at the 33 Logistics Park at Chrin Commerce Centre, will be located on Van Buren Road just off Route 33 at the new four-way diamond interchange at Main Street.

“33 Logistics Park - Building One will be well positioned for large users looking for first-class industrial space in the Lehigh Valley, a distribution hub that has high demand, but limited availability,” says Jeff Palmquist, senior vice president of Duke Realty’s Northeast Region. “When complete, 33 Logistics Park Building One will provide users with large space needs the opportunity to move into first-generation space with state-of-the-art specifications in a location that provides unrivaled access to the highly populated New York City metropolitan area. From this building, companies will have 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.”

Designed with modern bulk warehouse functionality in mind, 33 Logistics Park - Building One will incorporate features maximizing efficiency, including 36' clear height; 48' x 54' column spacing with 60' x 54' staging bays; 112 ? 9' x 10' dock doors; 200' deep truck courts, 277 trailer storage positions and ESFR fire protection. Its cross-dock configuration includes two main entrances, automobile parking at both ends of the building and full truck circulation making the building suitable for multi-tenant occupancy.

“33 Logistics Park - Building One continues the reputation Duke Realty has established for providing first-class distribution facilities in strategic locations,” says Palmquist. “In addition to this facility, we have the ability to develop even more space—up to an additional 1.6 million square feet on two adjacent parcels. This flexibility is especially important if a client has specific needs and requires a build-to-suit facility.”

The new development will be Duke Realty’s third building in the Lehigh Valley, complementing West Hills Business Center, where it owns a  980,000-square-foot bulk warehouse and a 233,000-square-foot bulk warehouse on the west side of the valley. These three facilities, along with other bulk warehouse buildings it owns in Pennsylvania, New Jersey, Delaware, Maryland and Virginia, raise Duke Realty’s Northeast United States industrial portfolio to more than 9.2 million square feet.

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