Tuesday, September 4, 2018

1M SF Spec Industrial Under Construction in Northeastern PA

by Steve Lubetkin, Globest.com

Mericle Commercial Real Estate Services is constructing a 1,023,000 square-foot speculative industrial building at 200 Technology Drive in CenterPoint Commerce & Trade Park East, Jenkins Township, PA.
The building is scheduled to be completed before the end of the year and will be the largest industrial facility ever constructed on speculation in Northeastern Pennsylvania.

Mericle president Robert K. Mericle says he decided to construct the building because of how popular CenterPoint and Northeastern Pennsylvania have become with companies seeking a strategic location for a new distribution center.
Amazon.com, Home Depot, Lowe’s, Neiman Marcus, Corning, Kimberly Clark, Isuzu, Tailored Brands, Benco Dental, Jerry’s Sports Center, and FedEx SmartPost are among firms that have opened large distribution centers in the park, Mericle says. Altogether, there are 51 tenants and 6,000 employees in nine million square feet in CenterPoint.

“CenterPoint is less than one mile from I-81 and I-476 and is immediately adjacent to major facilities for FedEx Ground, FedEx Express, and UPS,” says Mericle.  “The Wilkes-Barre/Scranton Airport is just three miles away and many major trucking firms are within a 15-minute drive.”

More than 51 million people live within 200 miles of CenterPoint. Philadelphia, Harrisburg, New York City, and Port Elizabeth can each be reached in about two hours.
“We have designed the building to accommodate mid-size to large bulk industrial tenants that have very high trailer parking requirements, and e-commerce fulfillment operations that need huge areas for employee parking,” Mericle says.

Mericle also says the project site has room for close to 1,000 trailers and more than 1,000 employee parking spaces.

All major utilities serve the site including fiber and there is strong water pressure.

Key features of the cross-docked building include:

  • 36-foot ceiling clear heights
  • 7-inch reinforced concrete floors
  • 198 9-foot x 10-foot insulated steel loading doors with 35,000-pound Rite Hite mechanical levelers and bumpers
  • 50-foot x 50-foot column spacing with 60 feet at the loading bays
  • Up to four, 4,000 amps services
  • LED lighting fixtures
  • clerestory windows
  • high-efficiency, gas-fired Cambridge unit heaters.

More than 700,000 people live within 30 miles of 200 Technology Drive.  “There are several excellent training grants programs available to help companies staff their operations,” says Mericle.

Because the park is located immediately off of two interstates just 10 minutes from Scranton and Wilkes-Barre – the region’s two largest cities – tenants are able to maximize labor draw.

200 Technology Drive began as a ReadyToGo!™ Site.  For each ReadyToGo! Site, Mericle clears, grades, and compacts the property, installs all utilities, and obtains all permits and approvals necessary to begin work on footers and foundations immediately upon the signing of a lease agreement.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.