Cabot Properties has formed a partnership with J.G. Petrucci Co. to develop a 148,960-square-foot, single-tenant speculative industrial facility at 59 Fretz Road in the suburban Philadelphia community of Souderton, Pa.
With a target completion date in the fall of 2021, the one-building facility at 59 Fretz Road will feature a 32-foot clear height, 24 loading positions, two drive-in doors, deep speed bays, 24 trailer storage positions, ample vehicle parking, and a modern fire safety and lighting system.
59 Fretz Road is located 30 miles north of downtown Philadelphia and along the Pennsylvania Turnpike’s northern extension. The site also has access to other important thoroughfares, including Interstates 78, 95 and 476, along with U.S. Highway 22 and State Routes 202 and 33. This allows a tenant to reach one-third of the U.S. population within a 24-hour drive.
