The first 116,000-sf, five-story building, also a spec venture, is 50% pre-leased and scheduled to open Oct.1. Rents are $18 to $20 per sf.
Whitehall Corporate Center is planned for 11 buildings comprising 1.4 million sf. The park is part of the greater Whitehall development, which totals 700 acres and encompasses Whitehall Technology Park and Crosland's Whitehall Commons shopping center. Developing all 700 acres will take seven to 10 years at an aggregate build-out cost of $300 million, according to AAC.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.