Transwestern Development Co. and its capital partner, USAA Real Estate, announced the completion and lease-up of Jessup Logistics Center, a speculative state-of-the-art industrial project in Jessup, Penn.
The joint venture acquired the 64-acre parcel in early 2021 and delivered the 750,000-square-foot facility in June 2022.
“Demand for top-notch industrial product beyond the Lehigh Valley has spurred electrifying growth along Northeastern Pennsylvania’s I-81 industrial corridor,” said Brian Banaszynski, Northeast regional partner at TDC. “Speed to market is critical for many tenants, and acquiring a fully approved site enabled TDC to deliver a best-in-class facility in record time.”
According to Transwestern’s
