Steel is rising on two 434,000 square foot bulk industrial buildings at 200 Technology Drive in CenterPoint Commerce & Trade Park East near Pittston, PA. Project developer Mericle Commercial Real Estate Services reports the buildings will be ready for tenants by the fall of 2018. This unique two-building construction project is expected to help Northeastern Pennsylvania land as many as four large industrial tenants.
The two buildings will be perfectly aligned, making it possible for Mericle to join the buildings to create a 1,023,000 square foot facility. Mericle will subdivide each 434,000 square foot building to as small as 217,000 square feet.
Mericle president Robert K. Mericle said the two-building configuration, plus the large areas on site for vehicle and trailer parking, gives Mericle a lot of flexibility when interacting with potential industrial tenants.
“We are very well set up 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,” said Mericle. “We can quickly and easily connect the buildings to provide more than one million square feet to a single user.”
The project site has room for more than 400 trailers and more than 1,000 employee parking spaces. Another major draw is that both buildings are being constructed in a Local Economic Revitalization Tax Assistance (LERTA) zone. Real estate taxes on improvements will be 100 percent abated for 10 years. This will result in large annual savings for tenants.
Key features for each of the cross-docked buildings include:
- 36’ ceiling clear heights
- 7” reinforced concrete floors
- Eighty-three (83) 9’ x 10’ insulated steel loading doors with 30,000 lb. Rite Hite mechanical levelers and bumpers
- 50’ x 50’ column spacing with 60’ at the loading bays
Each building will also offer 4000 Amp, 277/480 volt, 3-phase power; LED lighting fixtures, clerestory windows, and high-efficiency, gas-fired Cambridge unit heaters.
The buildings are being constructed in one of the fastest growing business parks in Pennsylvania, one that has proven very popular with companies seeing a strategic location for a new distribution center.
“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,” said Mericle. “The Wilkes-Barre/Scranton Airport is just three miles away, and many major trucking firms are within a 15-minute drive.”
Amazon.com, Home Depot, Lowe’s, Neiman Marcus, Corning, Kimberly Clark, Isuzu, Tailored Brands, Benco Dental, Jerry’s Sports Center, and FedEx SmartPost are listed among the firms that have opened large distribution centers in the park. Altogether, there are 47 tenants and 5,400 employees in nine million square feet in CenterPoint.
More than 51 million people live within 200 miles of the park. Philadelphia, Harrisburg, New York City, and Port Elizabeth can each be reached in about two hours. 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 its ReadyToGo! Sites, 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.
About Mericle Construction, Inc.
Mericle Construction, Inc. is a vertically-integrated company with more than 250 in-house professionals with expertise in all aspects of commercial real estate development and construction. The Mericle team includes licensed architects, land planners, professional engineers, surveyors, licensed electricians, plumbers, carpenters, certified public accountants, in-house legal counsel, leasing and marketing professionals, licensed brokers, property managers, and more. Mericle Construction, Inc. has provided commercial real estate solutions to several hundred companies along Pennsylvania’s I-78/I-81 Corridor.