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Sign in Sign up for a FREE subscriptionTranswestern to develop industrial project in northeast Pennsylvania
Transwestern Development Co. has executed an off-market deal to acquire a 64-acre site in northeast Pennsylvania to develop Jessup Logistics Center. Located off Highway 6 at the intersection of Highway 247 and Alberigi Drive in Jessup, Pa., the site will house a 750,000-square-foot speculative industrial project. TDC is scheduled to break ground in February 2021 with expected delivery in first quarter 2022.
“With proximity to five major interstates, the northeastern Pennsylvania industrial submarket has been highly competitive for warehousing and distribution centers, attracting some of the world’s top retailers and ecommerce companies,” said Greg Boler, Partner in TDC’s National Logistics Group.
Jessup Logistics Center will feature 40-foot clear height and wide column spacing. With 133 dock doors and ample truck parking, the property is designed to accommodate the higher building volume capacity required by today’s ecommerce and logistics tenants. The site i