CONSTRUCTION BEGINS FOR 400,000 SF WAREHOUSE FACILITY

MIDDLETOWN, PA. — Woodmont Industrial Partners (WIP) has completed site demolition and started construction for 200 Capital Lane, a 400,000-square-foot warehouse building. The new facility is part of Capital Logistics Center, a six-building, 1.6 million-square-foot industrial complex situated on 100 acres in Middletown. WIP demolished two 1950s-era buildings within the park and plans to construct two LEED-certified, Class A warehouse facilities totaling approximately 530,000 square feet. 200 Capital Lane is slated for completion this December, with 300 Capital Lane following shortly after. As the largest building within the park, 200 Capital Lane will feature T-5 lighting, an ESFR sprinkler system, 87 dock doors, two drive-in doors and 36-foot clear heights. A joint venture between WIP and AEW Capital Management acquired the property in June 2013. AEW acquired the property on behalf of AEW Partners VI. Michael Hess, Patrick Lafferty and Bart Anderson of CBRE are marketing and leasing the property.