Lebanon Valley Distribution Center Construction Complete
FREDERICKSBURG, PA—USAA Real Estate Company and Trammell Crow Company have completed construction of Lebanon Valley Distribution Center, a new class A warehouse/distribution building totaling 874,126 square feet in Fredericksburg, PA. The project marks the third project completion in the region between USAA RealCo and TCC.
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Steve Lubetkin |
stevelubetkin |
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Updated on April 06, 2016
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Lebanon Valley Distribution Center, Fredericksburg, PAFREDERICKSBURG, PA — USAA Real Estate Company and Trammell Crow Company have completed construction of Lebanon Valley Distribution Center , a new class A warehouse/distribution building totaling 874,126 square feet in Fredericksburg, PA. The project marks the third project completion in the region between USAA RealCo and TCC . “We are pleased to be completing our third industrial/logistics project with the Trammell Crow team in central Pennsylvania,” says Len O’Donnell , president and chief executive officer of USAA RealCo . “This facility provides state-of-the-art design and excellent accessibility in a market poised for additional growth.” LVDC has expansion capability up to 1.08 million square feet. The cross-docked facility includes design features that include 36′ clear height, ESFR sprinklers, 123 dock doors (expandable to 155) and above-standard car and trailer parking. LVDC also is approved for a Local Economic Revitalization Tax Assistance 10-year tax abatement commencing in the first full year after the property has been completed. “We are thrilled with the completion of Lebanon Valley Distribution Center , a unique project that is strategically located within the central Pennsylvania industrial market,” says Andrew Mele , Managing Director with Trammell Crow Company’s NE Metro Business Unit. “The ability to offer meaningful expansion opportunities in a project is almost unheard of in east coast industrial markets. This expansion, combined with tax advantages and a best-in-class design, will be highly-attractive for many sophisticated tenants.” LVDC is less than a mile from I-78 with access to the I-81/I-78 interchange. It is also strategically located within 400 miles of high-consumer cities like Philadelphia, Baltimore, New York, Washington DC, Pittsburgh and Columbus. Jason Webb and Maria Ratzlaff with Jones Lang LaSalle are the leasing agents for the building.
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