Construction begins on $115 million, 1M square-foot warehouse in central Pa.
A Delaware County company has announced that construction has begun on a $115 million, 1,006,500-square-foot cross-dock warehouse/distribution center in Franklin County.says that it has partnered with Guardian Life Insurance Company of America to acquire and begin construction of the Chambersburg Logistics Park, a 93-acre site located off of Exit 10 along Interstate 81 at 250 Alleman Road in Guilford Township.
“We are thrilled to close on this land acquisition and kick off speculative development with Guardian on our first project together,” Benjamin Cohen, president of Endurance, said in a news release.The project is expected to be completed in the fourth quarter of 2023. Gerry Blinebury, John Alascio, TJ Sullivan, Chuck Kohaut, Collin Potter and Chris Meloni of Cushman & Wakefield served as advisors to Enduance on the project. Blinebury, Adam Campbell and Alex Wenger of Cushman & Wakefield will market the property. PNC Bank National Association, provided construction financing for the project.If you purchase a product or register for an account through one of the links on our site, we may receive compensation.
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