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First Coast Distribution Center Gets First Tenant

ST. AUGUSTINE, FL-Retailer HHGregg signs a 71,760-sf lease at the one-million-sf spec project.

By Natalie Keith | Updated on December 10, 2007

(Read more on the industrial market.)

ST. AUGUSTINE, FL-Home appliance and consumer electronics retailer HHGregg has signed a 71,760-sf, multi-year lease for space within First Coast Distribution Center.The center is a one-million-sf, four-building speculative project.

The lease is the first signed for the project. HHGregg will occupy space within Phase one, which is a 203,320-sf building. The building will include 32-foot clear ceiling heights, column space of 52 feet by 58 feet, 11,960-sf bays, 120-foot truck court, TPO membrane roof, an ESFR type IV sprinkler system and extra on-site trailer storage and parking. The remaining 131,560 sf in the building is still available for lease. Construction on the building began in July and it is expected to be completed in February. The project cost for the first phase is expected to be $20 million, with the entire project cost expected to be up to $60 million.

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