Tuesday, March 8, 2016

Estes Express Lines Signs 77,987-SF Lease at 400 Capital Lane in Capital Logistics Center

by Steve Lubetkin, Globest.com
Estes Express Lines has signed a 77,987-square-foot lease at 400 Capital Lane in Middletown, PA.  The 242,824-square-foot building, owned by a joint venture of Woodmont Industrial Partners and AEW Capital Management,  is now fully leased.

400 Capital Lane is part of the recently-renovated Capital Logistics Center — a six-building, class A, 1.55-million-square-foot industrial complex that is situated on more than 100 acres.  Building features include 30 dock doors, three drive-in doors, T5 lighting, a six-inch reinforced concrete floor and a standing seam metal roof.

In addition to 400 Capital Lane, the venture also recently completed capital improvements at 200 Capital Lane, the largest building in the complex. Currently, 400,060 square feet of space is available at 200 Capital Lane, which is equipped with T-5 lighting, an ESFR system, 87 dock doors plus two drive-in doors and 36-foot clear ceilings throughout.  Earlier this year, this building was awarded LEED Silver building certification for its efficient use of resources and its commitment to sustainability. The building has also been outfitted with 3,000 square feet of move-in ready office space.

As a leading freight service provider, Estes was looking for high-quality space that offered a sufficient number of docks.

“The ideal location of the Capital Logistics Center and the modernization of 400 Capital Lane were key factors in attracting Estes to the property,” says Eric Witmondt, chief executive officer of Woodmont Industrial Partners. “We look forward to a long-term relationship with the company.”

Located in Central Pennsylvania at the heart of the I-81 Distribution Corridor, the Capital Logistics Center fronts the Pennsylvania Turnpike and is less than a mile away from Harrisburg International Airport. The property is also near local FedEx and UPS facilities as well as Routes I-283, I-83 and 322.

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