I-81 INDUSTRIAL CENTER - JLL · 2020. 3. 4. · GM 404,000 s.f. Rust-oleum 727,500 s.f. 7 Orgill...

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Todd Hughes Senior Managing Director + 1 443 451 2608 [email protected] Ryan Burrows Senior Vice President +1 443 451 1514 [email protected] Jason Webb Managing Director +1 717 791 2207 [email protected] i81industrialcenter.com 1,190,700 SF Delivered March 2020 Expandable to 1.5M SF + 25 acre adjoining lot for laydown / parking Immediate interstate access to I-81 via exits 9 and 10 15 year real property tax credit Large available labor pool I-81 INDUSTRIAL CENTER 13905 CRAYTON BOULEVARD, HAGERSTOWN, MD

Transcript of I-81 INDUSTRIAL CENTER - JLL · 2020. 3. 4. · GM 404,000 s.f. Rust-oleum 727,500 s.f. 7 Orgill...

Page 1: I-81 INDUSTRIAL CENTER - JLL · 2020. 3. 4. · GM 404,000 s.f. Rust-oleum 727,500 s.f. 7 Orgill 763,371 s.f. Knauf Insulation 404,000 s.f. P&G 1,500,000 s.f. AREA TENANT 1 OHL Kmart

Todd HughesSenior Managing Director+ 1 443 451 [email protected]

Ryan BurrowsSenior Vice President+1 443 451 [email protected]

Jason WebbManaging Director+1 717 791 [email protected]

i81industrialcenter.com

1,190,700 SF∙ Delivered March 2020∙ Expandable to 1.5M SF + 25 acre adjoining lot for laydown / parking∙ Immediate interstate access to I-81 via exits 9 and 10∙ 15 year real property tax credit∙ Large available labor pool

I-81 INDUSTRIAL CENTER1 3 9 0 5 C R AY TO N B O U L E VA R D, H A G E R S TO W N , M D

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I-81 INDUSTRIAL CENTER

• Class A crossdock expandable to 1.5M s.f.

• Additional laydown, trailer storage, and/or car parking available on the options lot(s)

• Zoned Highway Industrial (HI) - most flexible zoning

• 40’+ Clear

• 54’ by 50’ column spacing with 65’ speed-bays

• Industrial grade utilities to site

• Dual access to I-81: 1/4 mile to I-81 Exit #10 / 1 mile to I-81 Exit #9

1.2M SF BUILDING

587 PARKING SPACES

311 TRAILER SPACES

200 LOADING BAYS

83.3 ACRES (EXPANDABLE)

ADDITIONAL LAYDOWN PARKING AND/OR TRAILER PARKING AVAILABLE

BUILDING EXPANDABLE TO 1.5 M SF

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I-81 INDUSTRIAL CENTER

OPTION B

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PREMIER LOGISTICS LOCATION - PROVIDING OPTIONS TO SUIT THE DYNAMICS OF THE SUPPLY CHAIN

• Major crossroad location at the intersection of I-81 and I-70• More than 50% of the nation’s population can be accessed by overnight truck• 4 major ports within 250 miles• 2 intermodals within 6 to 17 miles - Norfolk Southern and CSX• FedEx Ground, FedEx Freight and UPS hubs within 10 miles• Adjacent to Hagerstown Regional Airport• Established transportation service industry infrastructure supporting current distribution and manufacturing users • Abundant workforce - proximity to labor from Maryland, Pennsylvania, West Virginia & Virginia • Less than 10 miles to a miriade of affordable housing types and sizes, 3 regional shopping areas and the City of Hagerstown

PennsylvaniaMaryland

Chambersburg Intermodal

Facility

HagerstownRegional Airport

Franklin County Intermodal Facility

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Location map

1,096,000 s.f. (mult. bldgs) 849,200 s.f.

750,000 s.f. 665,000 s.f. 621,400 s.f.

475,648 s.f.

1,638,410 s.f.

1,300,000 s.f. 528,483 s.f. 727,500 s.f.404,000 s.f.2,400,000 s.f. (mult.

bldgs)

763,371 s.f. 404,000 s.f. 1,500,000 s.f.

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1,800,000 s.f. 1,033,470 s.f.400,000 s.f.

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1,025,894 s.f. 615,000 s.f.790,934 s.f. (mult.

bldgs) 824,298 s.f. 506,003 s.f.

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Site

Area Tenant Total s.f.

1 OHL 1,096,000 s.f.

Kmart 849,200 s.f.

DDC 475,648 s.f.

Target 750,000 s.f.

Ingram 665,000 s.f.

Staples 621,400 s.f.

2 Armada 400,000 s.f.

Food Lion 1,800,000 s.f.

World Kitchen 1,033,470 s.f.

3 Sam’s Club 40,000 s.f.

Bowman Logistics 350,000 s.f.

R+L Carriers 95,000 s.f.

4 Volvo 1,638,410 s.f.

5 Staples 1,025,894 s.f.

Tempur-Pedic 615,000 s.f.

Tractor Supply Co. 790,934 s.f.

The Home Depot 824,298 s.f.

Lenox 506,003 s.f.

6 Macy’s 1,300,000 s.f.

Rubbermaid 528,483 s.f.

Quad Graphics 2,400,000 s.f.

GM 404,000 s.f.

Rust-oleum 727,500 s.f.

7 Orgill 763,371 s.f.

Knauf Insulation 404,000 s.f.

P&G 1,500,000 s.f.

AREA TENANT

1 OHL

Kmart

DDC

Target

Ingram

Staples

2 Armada

Food Lion

World Kitchen

3 Sam’s Club

Bowman Logistics

R+L Carriers

4 Volvo

AREA TENANT

5 Staples

Tempur-Pedic

Tractor Supply Co.

The Home Depot

Lenox

6 Macy’s

Rubbermaid

Quad Graphics

GM

Rust-oleum

7 Orgill

Knauf Insulation

P&G

CORPORATE NEIGHBORS

PREMIER LOGISTICS LOCATION Providing options to suit the dynamics of supply chain

• Major crossroads location at the intersection of I-81 and I-70

• More than 50% of the nation’s population can be accessed by overnight truck

• 4 major ports within 250 miles

• 2 intermodals within 17 miles - Norfolk Southern (6 miles) and CSX (17 miles)

• FedEx Ground, FedEx Freight and UPS hubs within 10 miles

• Adjacent to Hagerstown Regional Airport

• Established transportation service industry infrastructure supporting current distribution and manufacturing users

• Abundant workforce - proximity to labor from Maryland, Pennsylvania, West Virginia & Virginia

• Proximate to a myriad of affordable housing types and sizes, 3 regional shopping areas and the City of Hagerstown

I-81 INDUSTRIAL CENTER

EXIT 9

EXIT 10

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321,000 +/- Hagerstown Population

161,000 +/- Hagerstown

Civilian Labor Force

15.9% are in Production/

Transportation

SUPERIOR LABOR FORCE

15.8% Hagerstown, MD

5.8% Hagerstown, MD

$70,395 average household

income in 2017

5% Carlisle, PA

10.8% Carlisle, PA

10.9% Chambersburg, PA

7.8% Chambersburg, PA

Optimal Growth of 18-40 Year Olds

Labor Supply

Low Cost of Living

Low Projected growth in household income

I-81 Industrial Center has the largest workforce relative to warehouse space while retaining a low cost-of-living and maintaining high growth

Note that dot size = working age population in 2017

12.0%

10.0%

8.0%

6.0%

4.0%

2.0%

0.0%

-2.0%

-4.0%

Fore

cast

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row

th in

Wor

king

Ag

e Po

pula

tion

2017

-202

2

Workforce per 1,000 s.f. of Warehouse Space

US Average Growth 2.4%

1.00 1.50 2.00 2.50 3.00 4.00 4.50 5.00

COL below national averageCOL at national averageCOL above national average

Cost-of-living

Chambersburg

I-81 Industrial

Carisle

50% OF THE POPULATION IS WITHIN A 10 MILE RADIUS OF I-81 INDUSTRIAL CENTER

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MAJOR CITIES

• To Washington, DC 77 miles• To Baltimore, MD 77 miles• To Philadelphia, PA 175 miles• To New York, NY 239 miles

PORTS

INTERMODALS

FOR SALE - 200 ACRES READY FOR INDUSTRIAL DEVELOPMENT ON I-81

Vista Business ParkHagerstown, Maryland 21740

Todd HughesManaging Director+1 443 451 2608

[email protected]

Mark LevyManaging Director+1 443 452 1509

[email protected]

Ryan BurrowsVice President

+1 443 452 [email protected]

Ben MeiselsSenior Vice President

+1 443 451 [email protected]

• To Port of Baltimore, MD 77 miles• To Port of Philadelphia, PA 175 miles • To Port of NJ/NY 239 miles• To Port of Norfolk, VA 268 miles

• Norfolk Southern (NS) 4 miles • CSX 17 miles• To Virginia Inland Port 60 miles

For additional information, please contact the JLL Mid-Atlantic Industrial Practice Group:

Although information has been obtained from sources deemed reliable, Owner, Jones Lang LaSalle, and/or their representatives, brokers or agents make no guarantees as to the accuracy of the information contained herein, and offer the Property without express or implied warranties of any kind. The Property may be withdrawn without notice. If the recipient of this information has signed a confidentiality agreement regarding this matter, this information is subject to the terms of that agreement. ©2015. Jones Lang LaSalle. All rights reserved.

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MISSOURI

WISCONSIN

ILLINOIS

MISSISSIPPI

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TENNESSEE

KENTUCKY

INDIANA

MICHIGAN

OHIO

NORTH CAROLINA

VIRGINIA

PENNSYLVANIA

NEW YORK

N.H. VT.

W VIRGINIA

DELAWARE

NEW JERSEY

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500 miles

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Virginia Inland Port

Port of NJ/NY

Port of Philadelphia

Port of Norfolk

Port of Baltimore

Norfolk Southern (NS) & CSX

I-81 INDUSTRIAL CENTER1 3 9 0 5 C R AY TO N B O U L E VA R D, H A G E R S TO W N , M D

MAJOR CITIES

To Washington, DC 77 miles

To Baltimore, MD 77 miles

To Philadelphia, PA 175 miles

To New York, NY 239 miles

PORTS

Port of Baltimore, MD 77 miles

Port of Philadelphia, PA 175 miles

Port of NJ / NY 239 miles

Port of Norfolk, VA 268 miles

INTERMODALS

Norfolk Southern (NS) 4 miles

CSX 17 miles

Virginia Inland Port 60 miles

To New York, NY 239 miles

50% OF THE POPULATION IS WITHIN A 10 MILE RADIUS OF I-81 INDUSTRIAL CENTER

Page 6: I-81 INDUSTRIAL CENTER - JLL · 2020. 3. 4. · GM 404,000 s.f. Rust-oleum 727,500 s.f. 7 Orgill 763,371 s.f. Knauf Insulation 404,000 s.f. P&G 1,500,000 s.f. AREA TENANT 1 OHL Kmart
Page 7: I-81 INDUSTRIAL CENTER - JLL · 2020. 3. 4. · GM 404,000 s.f. Rust-oleum 727,500 s.f. 7 Orgill 763,371 s.f. Knauf Insulation 404,000 s.f. P&G 1,500,000 s.f. AREA TENANT 1 OHL Kmart
Page 8: I-81 INDUSTRIAL CENTER - JLL · 2020. 3. 4. · GM 404,000 s.f. Rust-oleum 727,500 s.f. 7 Orgill 763,371 s.f. Knauf Insulation 404,000 s.f. P&G 1,500,000 s.f. AREA TENANT 1 OHL Kmart

Todd HughesSenior Managing Director+ 1 443 451 [email protected]

Ryan BurrowsSenior Vice President+1 443 451 [email protected]

Jason WebbManaging Director+1 717 791 [email protected]

i81industrialcenter.com