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MRP Industrial-Clarion Partners Begin Construction On 249,600 Square Foot Industrial Building In Lower Swatara Township, Pennsylvania

Area Development Online News Desk (08/13/2014)
MRP Industrial, the industrial real estate affiliate of MRP Realty, and Clarion Partners, a leading U.S. real estate investment manager, started construction on a 249,600-square-foot Class A, speculative industrial building in Lower Swatara Township, Dauphin County, Pennsylvania.

The 38-acre project is located at 140 Fulling Mill Road, adjacent to FedEx Ground’s new 300,000-square-foot fulfillment center, which is scheduled to open next month. Situated in the Harrisburg Airport submarket off Interstate 283, with excellent access to Interstates 78, 81 and 83, the industrial building accommodates both single- and multi-tenant uses. It includes 300 employee parking spaces, a 185-foot truck court, and full building counter-clockwise circulation.

“Our strategic partnership with Clarion on this project addresses the growing demand locally for Class A distribution space,” said D. Reid Townsend, Principal with the Baltimore-based MRP Industrial, which led the development team. “The location, access and flexible design will be attractive for both traditional industrial distribution requirements and direct-to-consumer operations seeking convenient access into third-party delivery networks.”

“We are excited to welcome MRP Industrial and Clarion Partner’s investment in Lower Swatara Township,” said Tom Mehaffie, President of the Board of Commissioners. “The proposed improvements and up to 300 new jobs will provide an immediate boost to our economic growth with minimal impact to existing residents and Township resources.”

“Three years of steady demand for Class A space in Central Pennsylvania has left limited options for credit tenants seeking modern, functional buildings,” said Bart Anderson, First Vice President at CBRE, which will serve as the listing agent for the project. “With its prime location, modern design, convenient access, deep labor pool and abundant parking, 140 Fulling Mill Road is well positioned to provide all the major features sought by today’s corporate industrial requirements.”

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