24A — May 24 - June 13, 2019 — Industrial / Distribution Centers — M id A tlantic
Real Estate Journal
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I ndustrial R eal E state & D istribution C enters
Geotechnical/environmental . . .
KEA Engineers serves as MEP engineer for 195,000 s/f in NY Lincoln Equities Group retains Hollister to buildwhse./dist. facility
consistent theme. president and CEO of Penn’s Northeast John L. Augustine III noted, “Currently we are experienc- ing the largest industrial boom that we’ve ever experienced.” And as the demand for well positioned warehousing and continued from page 14A stitutions to usher in the next generation of talented and diverse CRE professionals.” The NEXUS Cornell Uni- versity program will be the very first NEXUS offering tailored specifically to CRE brokerage. Students will participate in a project fo- cused on winning a listing assignment. With the help of industry coaches, students will be divided into teams to research all aspects of the target company, and develop and deliver listing presenta- tions. They will present their projects to a panel of judges in the hopes of winning the assignment. The program will be jointly run by NEXUS, the Real Estate Executive Council (REEC), and Cornell University. “The mission of the SIOR Foundation is to educate and cultivate the next generation of commercial real estate professionals. The NEXUS Cornell University program represents an ideal partner for us in fulfilling that mis- sion,” said SIOR Foundation continued from page 18A located near I-81 and I-83, and the PA Tpke., the 485 Distribution Center serves the needs of future tenants with the ability to distribute their products quickly to the entire Mid-Atlantic and Northeast continued from page 22A to remain competitive in the marketplace for many years. At Providence Engineer- ing, we believe that the best projects begin with lessons learned from past projects. That’s why we are continually building upon our deep experi- ence in the planning, design, and construction of distribu- tion centers by welcoming the adoption of new technology and innovative techniques. We recognize the challenges of the marketplace in which continued from page 10A continued from page 8A This multidisciplinary ap- proach ultimately creates a more successful brownfield redevelopment outcome for
logistics facilities doesn’t ap- pear to be subsiding any time soon, the industrial market in Northeastern Pennsylvania should continue booming for the foreseeable future. Steve Cole, SIOR is vice president of NAI Mertz of PA. president Aaron Barnard, SIOR . “We are thrilled to sponsor this program and look forward to connecting with the students on cam- pus.” In addition to sponsoring the program, SIOR mem- bers will participate in the program, serving as coaches, judges, and instructors. “REEC is very excited to have SIOR and the SIOR Foundation join our efforts to transform the composition of the real estate industry. The REEC/SIOR/SIOR Founda- tion Summer Program is intended to expose teens to career options in real estate, and specifically brokerage, early enough for them to recognize it as a viable ca- reer path,” said Kirk Sykes , Chairman, REEC Board of Directors. “REEC, SIOR, and the SIOR Foundation, aim to bolster the pipeline of high school, college, and post graduate students that will soon transform our industry and expose students of color to careers in real estate and brokerage.” corridor. For over 20 years, Key- struct Construction has been the contractor of choice for: Industrial Con- struction, Commercial Con- struction and Healthcare Construction. our clients operate, and we strive every day to be a part- ner who faces those challenges as our own. Our mission is to provide reliable solutions that are constructible, affordable and timely, and results in our being both the Engineer of Choice and your Prime De- sign Partner for distribution centers. Barton Foreman, PE is manager of distribution and warehouse facilities design at Providence En- gineering. clients and the community. David M. Winslow, Ph.D., PG, and Eugene M. Galla- gher, P.E. are senior vice presidents with GZA.
Why is the NJ industrial real estate . . .
ONG ISLAND, NY — Lincoln Equities Group , one of North- east’s leading full-service real estate companies, has retained Hollister as construction man- ager to build a 195,000 s/f ware- house and distribution facility in the Nassau County town of Hicksville in Long Island. “Hollister is very proud to be part of this project coming to Long Island. The demand for last mile facilities continues to rise and we are happy to be working with Lincoln Equities Group, Ware Malcomb and KEA Engineers to plan and construct this state-of-the-art facility meeting that need,” Paul Gorga , industrial sector leader at Hollister. Built on 9-acres of undevel- oped land, 334 Duffy Ave. will serve as a last-mile facility L LEVITTOWN, PA — Greek Development , a full-service industrial real estate company, has announced that Ondigo, LLC has signed a long term commitment for a 67,200 s/f of warehouse space located at 37 Runway Rd., in Levittown. Located minutes from the Pennsylvania Tpke. and newly developed I-95 and 295 in- terchange, Bristol Industrial Park, leased and managed by Greek Development, totals 12 buildings encompassing 1,728,320 rentable s/f. Ondigo will occupy their portion of 182,400 s/f state-of-the-art building, inclusive of an ESFR sprinkler system, T5 Lighting, 26 loading docks, concrete dolly pads, and ample parking. Ondigo is the sole provider of Boost Mobile branded ac- PRINCE WILLIAM CTY., VA — Mu-Del Electronics LLC, a manufacturer of high- performance radio frequency and microwave based systems, has relocated to a custom-built operations center in Prince Wil- liam County. The new 19,358 s/f facility is a $5 million in- vestment that could spur a doubling of the company’s local workforce. Mu-Del Electronics’ new loca- tion in Merritt I-66 Business Park at 7430 Merritt Park Dr. in Manassas, is within a Fed- eral Hub Zone, which provides easy access to I-66 and U.S. Rte. 234 Bypass, just 28 miles west of Washington, DC. It now employs 30 at the new site, with the goal of hiring 30 more work-
Northeastern Pennsylvania has . . .
334 Duffy Ave.
to logistics companies and e- commerce retailers. The new building will feature 20 to 30 loading docks and 32-foot to 50-foot high ceilings. It will also feature modern safety and energy-efficiency systems to ac- commodate distributors’ needs. When complete, the new fa- cility will attract regional and national tenants that want a
foothold in the Long Island market. It will provide them with the warehouse and distri- bution space their operations require which are not available in the local market. Ware Malcomb is serving as the design firm, KEA Engi- neers is the MEP Engineer. 334 Duffy broke ground in the first quarter of 2019.
SIOR and SIOR Foundation focus . . .
Greek Development inks 67,200 s/f lease in Bristol Industrial Park
37 Runway Rd.
cessories and distribute to approximately 10,000 Boost Mobile retail locations nation- wide. They automate tedious sales tasks for salespeople and provide them with a daily per- sonalized action list for closing ers by 2020. “We look forward to attaining new business milestones as we continue to diversify our portfo- lio and expand our operations. Information communications technology is a tremendous growth sector and an indus- try in which Prince William County provides limitless ad- vantages and opportunities,’ said Sami Antrazi, president, Mu-Del Electronics. “Prince William County’s strength of its workforce is bringing to bear high-tech ex- pertise industry sectors from information communications technology to life sciences, lo- gistics and destination brewer- ies,” said Chris Price , Prince WilliamCounty Deputy County
more transactions. NAI Mertz’s Adam Lash- ner and Jeff Licht repre- sented Ondigo in the transac- tion while Jason Fisch and Patrick Reistrom represented the landlord. executive and interim executive director, Department of Eco- nomic Development. “We are delighted to continue our com- mitment and help give rise to sophisticated technology driven enterprise, with brand leaders like Mu-Del.” “We have been located in the Manassas area for the past 20 years and look forward to continuing our business in Prince William County,” said Trey Middleton, director of operations, Mu-Del Electronics in an earlier Merritt Prop- erties press release. “As we looked at real estate options in the area, we recognized the unprecedented and significant value in teaming with Merritt Properties.”
Advancedmanufacturing firm expands in Prince WilliamCty.
Why you should partner with a qualified Structural Prime for your . . .
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