ALLENTOWN, PA—Duke Realty Corporation has purchased a 63.1-acre site on the east side of the Lehigh Valley where it will build a new speculative 1.1 million-square-foot, modern bulk industrial building to be available in late 2015 or early 2016.

The warehouse, Building One at the 33 Logistics Park at Chrin Commerce Centre, will be located on Van Buren Road just off Route 33 at the new four-way diamond interchange at Main Street. CBRE has been engaged as the leasing agent for the building.

“33 Logistics Park - Building One will be well positioned for large users looking for first-class industrial space in the Lehigh Valley, a distribution hub that has high demand, but limited availability,” says Jeff Palmquist, senior vice president of Duke Realty's Northeast Region. “When complete, 33 Logistics Park Building One will provide users with large space needs the opportunity to move into first-generation space with state-of-the-art specifications in a location that provides unrivaled access to the highly populated New York City metropolitan area. From this building, companies will have ready access to I-78, I-81 and I-80 and be within a day's drive of more than 40 percent of the population of the United States and Canada.”