by Steve Lubetkin, Globest.com
St. Louis, MO-based CRG has begun construction of The Cubes at Lehigh Valley – Airport Road, a 450,000 square-foot speculative industrial building in the Lehigh Valley. The 40-acre site is 60 miles west of the Port of Newark in East Allen Township, PA.
“CRG has looked for superior sites throughout the region and The Cubes at Lehigh Valley – Airport Road is our first foothold in the Lehigh Valley industrial market. We see significant opportunity along Route 22 and I-78 corridors,” says CRG senior vice president Frank Petkunas. “The Cubes is in a position to capture the future growth for large warehouse distribution and e-commerce fulfillment centers. This is one more step CRG is taking to enhance its industrial portfolio.”
With excellent access to US Route 22, I-78 and I-476, the site is strategically located 60 miles from the Port of Newark and close to FedEx’s largest ground hub in the United States at Lehigh Valley International Airport.
CRG has joint-ventured for the fourth time with USLF 1 for the development of The Cubes at Lehigh Valley – Airport Road. The completed 450,000 square foot warehouse will have high-efficiency LED lighting, generous dock doors and trailer storage as well as car parks associated with state-of-the-art industrial distribution centers seen throughout the country.
Clayco will serve as the design-builder on the project and its subsidiary, BatesForum Studio is the architect on the project.
www.omegare.com
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