GENCO ATC, North America’s second-largest and a Global top 25 third-party logistics (3PL) provider, has leased 203,821 square feet from Mericle Commercial Real Estate Services in Humboldt Industrial Park, near Hazleton.
The company will use the space to provide warehousing, distribution and supply chain services to a large consumer goods company.
According to company President Robert K. Mericle, GENCO ATC has leased space from Mericle at 61 Green Mountain Road, East Union Township, Schuylkill County. The 408,200 square foot building is one of several in the park that Mericle has constructed on speculation.
GENCO ATC expects to begin operations in the building early this fall.
Mericle Vice President Bill Jones coordinated the real estate transaction with Brian Zurawski of Cushman & Wakefield -Summit Realty Group, Indianapolis and Steve Cooper of Cushman & Wakefield, Philadelphia.
Jones said GENCO ATC’s growth in Northeastern Pennsylvania could be a “foreshadowing of good things to come.” He said inquiries from companies seeking space in the region appear to be on the rise.
GENCO ATC manages more than 38 million square feet of warehouse space at 130 operations and more than $1.5 billion in transportation annually throughout the United States, Canada, and Mexico .
Jones added,“having existing space in place was a critical element in getting the company to locate the operation in Humboldt Industrial Park.”
“We constructed 61 Green Mountain Road on speculation several years ago,” said Jones. “As we stated when we unveiled our “Ready to Go Program” recently, we are going to continue to develop different types and sizes of buildings on speculation and will prepare sites that are ready for immediate construction because companies have very short timetables. They need to be able to get into the right space quickly. Our Ready to Go Program will ensure that we always have a nice selection of properties when companies are seeking new locations.”
Through its Ready to Go Program, Mericle will be preparing more than 90 sites for immediate construction on 1,700 acres in 10 area business parks, including two large sites in Humboldt Industrial Park. Mericle will construct bulk industrial, flex, and office buildings on speculation on those sites.
Founded in 1898, GENCO ATC is a privately held company with more than 10,000 employees. GENCO ATC’s diverse range of customers, include many Fortune 500 companies in the technology, consumer goods, retail, healthcare, and the federal government. GENCO ATC’s offers a complete range of solutions, include inbound logistics; warehousing & distribution; fulfillment; packaging and kitting; transportation management; systems integration; returns processing & disposition; test, repair, refurbishment; product liquidation and recycling. The company is headquartered in Pittsburgh. More information is available at www.gencoatc.com.
Mericle Commercial Real Estate Services has developed 12 industrial buildings totaling 4.3 million square feet in Humboldt Industrial Park. Some of Mericle’s tenants and clients in Humboldt include Amazon.com, Freedom Corrugated, NBTY, Simmons Company, Michael’s Handcrafts, EB Brands, Econoco, and Meadow Burke Products. Close to 2,000 people work in Mericle’s Humboldt buildings. For more information, visit www.mericle.com.