Search
 

Lauth Picks Firm To Market 3M-SF Logistics Park

HARRISBURG, PA-A CB Richard Ellis team will handle leasing for Lauth's planned distribution park along the I-81 corridor on a 206-acre parcel in Cumberland County.

By Paul Bubny | Updated on June 17, 2008

HARRISBURG, PA-CB Richard Ellis has gotten the assignment to lease Lauth’s Key Logistics Park, a master-planned park that will house up to three-million sf of bulk distribution space. With construction scheduled to get under way next month on a 206-acre parcel in Cumberland County, the park will represent Indianapolis-based Lauth’s initial foray into the central Pennsylvania industrial market.

CBRE’s Greater Philadelphia/Harrisburg industrial brokerage team, including Harrisburg-based SVPs Patrick Lafferty and Michael Hess and senior associate Bart Anderson, will market the logistics park to a variety of prospective tenants. “We are not targeting any specific industry, but the cross-dock design makes this a valuable option for any retail or big box tenant,” Hess tells GlobeSt.com.

The cross-dock format will figure in all three of the bulk distribution facilities planned for Key Logistics Park, including the 1.1-million-sf Building One that Lauth expects to complete by May 2009. “Although Building One offers the flexibility to accommodate up to three tenants, it is ideally suited for a single user of the entire 1.1-million sf,” Hess says. Lauth plans more than 120 dock doors, 32-foot clear height, and space to park more than 270 trailers for Building One, as GlobeSt.com previously reported.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 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.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.