Wednesday, August 21, 2019

Radial Leases Dermody Properties' LogistiCenter at 33

Multinational e-commerce company Radial, Inc. leased Dermody Properties' LogistiCenter at 33 distribution building at Forks Industrial Park in Easton, Pennsylvania.

The lease mark's Radial's first on-the-ground fulfillment presence in the state of Pennsylvania, where the company plans to provide nearly 100 management and hourly positions initially, as well as 700 hourly positions later this year to meet customer demand during the holidays.

The 475,800-square-foot, single-story facility at 4200 Braden Blvd. East was completed by the landlord in 2016. The high-tier property spans 31.3 acres near several national companies including Amazon, UPS, FedEx, Porsche, Mondel─ôz International, BMW and Walgreens.

LogistiCenter at 33 comprises 36-foot clear ceiling heights, 226 car parking spaces and 85 trailer parking spaces.

Dermody Properties East Region Partner Eugene Preston said in a statement, "The location of this property is ideal for Radial’s e-commerce, fulfillment and transportation operations, providing proximity to major East Coast markets and population centers."

Headquartered in Reno, Nevada, Dermody Properties has invested in more than 83 million square feet of industrial space since its launch in 1960, according to its website.

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