800 Willowbrook Highway. Picture courtesy of JLL
The Rockefeller Group has offered a 453,600-square-foot, Class A industrial facility in Northampton, Pa., with the help of JLL. Hyperlink Logistics paid $91 million for the Lehigh Valley asset.
Accomplished in 2022, the constructing is the most recent addition to Rockefeller Group Logistics Park, a three-building industrial campus encompassing 1.8 million sq. toes. The developer broke floor on the ability in 2021 after promoting the opposite two elements of the park; CenterPoint Properties had acquired the biggest one, a 1 million-square-foot warehouse, for greater than $200 million.
An industrial asset within the coronary heart of Lehigh Valley
Positioned at 800 Willowbrook Highway, the one-story, cross-dock distribution facility has a 36-foot clear top, ESFR sprinklers, 90 dock doorways and 4 drive-in doorways. The property options 264 automobile parking spots and 59 trailer parking spots.
Located on a 36-acre lot, the warehouse is simply north of Lehigh Valley Worldwide Airport and inside 9 miles of Allentown, Pa. The situation can be throughout from the biggest FedEx Floor Hub within the U.S. and near Lehigh Valley Commerce Middle, a distribution and success campus developed by Trammell Crow Co. and Clarion Companions.
The asset is roughly 3 miles from State Route 22, offering easy accessibility to Interstate 78 and the world’s freeway community, permitting future tenants to succeed in 40 % of the nationwide inhabitants inside a day’s drive. Port Newark Elizabeth-Marine Terminal and Newark Liberty Worldwide Airport are additionally inside attain.
JLL Senior Managing Director John Plower, Director Ryan Cottone and Affiliate Zach Maguire, along with Vice Chairman Paul Torosian and Government Managing Director Jeff Lockard, represented Rockefeller Group.
