Antrim warehouse development on fast track

GREENCASTLE, Pa. — The site might look like the beginnings of a runway right now, but an unnamed e-commerce user is expected to start moving into a huge NorthPoint Development warehouse off U.S. 11 at Exit 3 by late winter with a potential of hundreds of jobs.
 
Construction of the 1.1 million-square-foot warehouse is on a fast track, according to Eric Watts, project manager for Kansas City, Mo.-based NorthPoint Development.
 
“The proposed tenant that we are currently negotiating with is looking to move racking in starting in February, should we get that far,” Watts said. “They want 950,000 square feet. Our goal is to get them in all of it eventually.
 
“We are pouring slabs currently and projecting completion in April, roughly.”
 
The warehouse is the latest in Antrim Township’s hub of industrial and commercial development in that area.
 
Eldorado Stone opened earlier this year, joining the Armada building on the north side of Antrim Commons Business Park. Blaise Alexander is well on its way to completion along U.S. 11. Summit Health has also proposed the Greencastle Medical Office Building on the site.
 
Watts called NorthPoint’s presumptive tenant a large, industrial, big box, e-commerce user. He did not have an employment estimate, but said, “They had a mandate for 400 parking spaces, and you would then take into account shift change.”
 
With the pace of its first project in the park headed for the finish line, Watts said NorthPoint is seeking approval for its next building south of the first one, planned at 1.15-million square feet.
 
“We have the option and we will exercise it, assuming we execute this lease on this first building on the prospective tenant we’re working with,” Watts said.
 
NorthPoint also has an option on another piece of property in the park, where it would potentially put two separate buildings.
 
“We have roughly 5.5 billion feet across Pennsylvania currently,” said Watts, who oversees the seven NorthPoint developments in the state. “Generally these big warehouses take anywhere from five to nine months to construct. We’ve been very successful so far. We’ve leased the majority of them before they’ve even been completed. And we’re hoping to accomplish the same thing here.
 
“We’ve had success all throughout Pennsylvania along the I-81 corridor. It’s a very, very hot industrial market, so we saw a great opportunity down here. It’s kind of an underserved area once you get down south of Chambersburg and north of Hagerstown. We just saw a great opportunity.”
 
– Joyce Nowell
 
Herald-Mail Media
 
Date: November 16, 2017
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