Mericle Commercial Real Estate Services has begun constructing a 520,000 square foot industrial building on speculation in CenterPoint Commerce & Trade Park East in Pittston Township, Pennsylvania.
Steel erection is underway on the 104 acre site at 460 Research Drive in the Phase IIB section of the park. The 520’ x 1000’ building can be expanded to 780,000 square feet and will be ready for tenants by mid-2017.
CenterPoint Commerce & Trade Park is less than one mile from I-81 and I-476.
Key building features will include 37’1” to 42’6” ceiling clear heights, 69 cross-docked loading doors, a 7” thick concrete floor, energy-efficient lighting and heating, 4000 amps of power, an ESFR fire protection system, and room on site to park more than 200 trailers. The building is located in a LERTA tax abatement zone. Real estate taxes on improvements will be 100% abated for 10 years.
The building is being constructed on a Mericle ReadyToGo!™ Site, one of dozens Mericle has completed in Northeastern Pennsylvania. For its ReadyToGo! Sites, Mericle clears, grades, and compacts the sites, installs all utilities, and secures all necessary permits well in advance of building construction.
The building will be the 4th largest in CenterPoint. Only buildings occupied by Lowe’s, Kimberly Clark and Corning are larger. There are 43 tenants in CenterPoint who together employ approximately 5,200 people. The new building is the 31st to be constructed in the park in the past 10 years.
CenterPoint is located less than 10 minutes from Scranton and Wilkes-Barre, which makes it easy for companies to attract and retain labor. Other well-known industrial tenants in the park include The Home Depot, Neiman Marcus, Men’s Wearhouse, and Cintas.
For more information about the new building, please visit www.mericlereadytogo.com/460-480ResearchDrive/.
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.