By Linda Moss CoStar News
Endurance Real Estate Group and its partner Guardian Life Insurance Co. of America have started construction on a 1 million-plus-square-foot logistics center in Chambersburg, Pennsylvania.
The Chambersburg Logistics Park is slated for a 93-acre site immediately off of Exit 10 on Interstate 81. Radnor, Pennsylvania-based Endurance over the past two years has obtained the necessary entitlements for the development. The $115 million project will be the first joint venture between Endurance and New York-based Guardian, according to Guardian President Benjamin Cohen, and is expected to be completed in the fourth quarter of next year.
“This project is a continuation of our long-term strategy to acquire and develop sites that offer superior access, proximity to abundant labor, and the ability to provide best-in-class design features to attract a variety of high-quality users,” Jared Newman, Endurance senior vice president and partner, said in a statement.
Endurance will oversee the construction of the cross-dock warehouse-distribution facility, which will include state-of-the-art features such as tilt-wall panel construction; 40-foot clear heights; 60-foot deep speed bays; high-bay LED lighting with motion sensors; 166 overhead dock door positions, 101 equipped with 9-by-10 doors with mechanical levelers, bumpers, seals and dock lights; four 14-by-16 drive-in doors; 213 trailer stalls and 375 car parking spaces; and 4,000 amp, three-phase main electric service.
The location is near major East Coast markets and regional seaports and has access to multiple air, rail and highway systems.
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