JOINT VENTURE OF PCCP, LLC AND ROCKEFELLER GROUP BREAKS GROUND ON 1.3 MILLION-SF DISTRIBUTION HUB IN ALLEN TOWNSHIP, PENNSYLVANIA
Construction commences on first of two Allen Township industrial buildings, marking the official launch of Rockefeller Group Logistics Park
MORRISTOWN, N.J. (October 4, 2018) — A joint venture of PCCP, LLC and Rockefeller Group announced today it has broken ground on the first of a two-building 1.3-million-square foot distribution center in Allen Township, PA. Construction has commenced on the one-million-square-foot building at Rockefeller Group Logistics Park, with construction for a second 290,788-square-foot building expected to begin later this year. It is anticipated that both buildings will be completed by summer 2019.
Located in the heart of the Lehigh Valley, Rockefeller Group Logistics Park is situated two miles from Lehigh Valley International Airport, which offers both air cargo and passenger service, and is three miles from Route 22, offering toll-free access to Port Newark/Elizabeth via Interstate 78. Furthermore, the site is located
within a day’s drive to one-third of all U.S. consumers and one-half of all Canadian consumers. One of the largest ogistics hubs in the U.S. is adjacent to the property.
“PCCP is pleased to be an equity partner with Rockefeller Group, an experienced large-scale developer hat we have successfully partnered with on past projects,” said John Randall, a partner with PCCP. “We anticipate hat this project’s key location in addition to state-of-the-art industrial product will attract e-commerce and other logistics-oriented users.”
“Rockefeller Group is excited to begin construction on Rockefeller Group Logistics Park as we expand our industrial development portfolio to Pennsylvania,” said Brandi Hanback, executive vice president and head of industrial development for Rockefeller Group. “The Lehigh Valley has emerged as a new source for companies with large space requirements that also benefit from proximity to the region’s major consumer bases.”
The joint venture’s one-million-square-foot building will include a 40-foot clear height, 509 car parking spaces, 179 loading cross loading dock doors, and 349 trailer parking spaces. The 290,788-square-foot building features a 36-foot clear height, 241 car parking spaces 38 dock doors, and 55 trailer parking spaces.
The JLL team of Rob Kossar, Paul Torosian, Jeff Lockard, and Brian Golden serve as the exclusive marketing and leasing agents for the development.