JONESTOWN, PA—Warehousing companies continue moving into Central Pennsylvania to feed the needs of an evolving logistics business. PCCP and Dermody Properties have acquired a 43-acre site where they plan to build a class A, 405,000-square-foot distribution center in Jonestown, Lebanon County, PA.
LogistiCenter78-81, as the property will be branded, is located at the intersection of I-78 and I-81. Construction is starting now with anticipated completion in spring 2016.
“There is much to like about this site. Aside from great access and visibility, LogistiCenter 78-81 will be developed to be flexible for any number of potential tenant profiles,” says John Randall, managing director with PCCP. “PCCP identified this as a compelling investment opportunity to deliver a quality industrial asset in partnership with Dermody Properties, a best-in-class industrial development firm.”
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