Mericle Commercial Real Estate Services will construct two buildings on speculation in CenterPoint Commerce & Trade Park – a 134,400 square foot flex building and a 22,601 square foot office building.
The 134,400 square foot flex building at 425 Keystone Avenue in CenterPoint East, Jenkins Township, will accommodate up to six tenants and has been designed to fit the needs of manufacturing, distribution, office, and medical companies. The property will have six entrances and 20 loading doors and can be easily subdivided into smaller customized spaces.
Steel will arrive in early July and Mericle expects the building to be ready for tenants by year’s end.
The 22,601 square foot office building at 150 Enterprise Way in CenterPoint West, Pittston Township, will accommodate up to eight tenants and is expected to be attractive to medical and financial services firms. Steel will arrive on site this fall and the building will be available for lease early in 2015.
Mericle Vice President of Marketing Jim Cummings said the company is constructing the buildings to keep pace with market demand and to make sure there is a variety of space available to accommodate all types of companies, especially those that need space quickly.
Cummings used the recently announced Maximus and C3i projects to illustrate the importance of having modern space available the moment a company needs it. “Maximus and C3i won contracts that required them to move into customized office space with abundant parking very quickly,” he said. “Both had very challenging deadlines. Fortunately, because we had recently finished construction on a speculative flex building in CenterPoint, we were able to fast track their projects and meet their deadlines.”
Together, Maximus and C3i will create up to 950 jobs in CenterPoint over the next three years.
The two new buildings will be constructed on Mericle ReadyToGo!™ Sites and will be easily accessible from Interstate 81 and Interstate 476. Mericle’s ReadyToGo!™ Sites are cleared, graded and compacted and have all permits and approvals in place. Mericle is developing more than 90 such sites in 11 Northeastern Pennsylvania business parks.
Mericle’s excavation division is putting the finishing touches on a 10.09 acre ReadyToGo!™ Site in CenterPoint East, for which the developer has designed a 90,000 square foot, Class A office building. The site is located along Keystone Avenue across the street from the flex building housing Maximus and C3i. “This may be the most visible site in our entire portfolio,” said Cummings. “Thousands of cars drive right by the site every day. We are hopeful that the property will be attractive to a major office company that needs a high-profile location.”
The new spec buildings will be the 24th and 25th buildings constructed in CenterPoint since 2006. The park is home to 39 tenants and approximately 4,500 employees.
For more information visit mericle.com.
Founded by Robert K. Mericle, Mericle Construction Inc. self-performs virtually all aspects of development and construction, using its own in-house personnel, Mericle Construction is better able to control costs and fast track delivery schedules to meet its clients’ needs. It fashions itself as a throwback to the “master builder” of old when experienced craftsmen self-performed all aspects of the construction process.