Bridge Development Partners (“BRIDGE”) announced today that it has partnered with Link Logistics Real Estate (“Link Logistics”) on the development of Lehigh North, a 427,919 square foot industrial campus on a 60-acre site at 428 East Moorestown Road in Wind Gap, Pennsylvania.
BRIDGE assigned the contract for the vacant site to Link Logistics after securing all of the necessary development approvals. Link Logistics has retained BRIDGE to provide development management services and construct a 427,919-square-foot facility on their behalf.
Construction is expected to begin in January 2021, with an expected delivery date of December 2021. The project is BRIDGE’s first in Pennsylvania and will be overseen by Northeast Region Partner Jeff Milanaik and his team.
BRIDGE has also seen previous success developing in the Lehigh Valley with the construction of Bridge Point 78, a 3.85 million-square-foot industrial campus comprised of six state-of-the-art industrial facilities in Phillipsburg, New Jersey. Phase I of Bridge Point 78 was recently purchased by PGIM Real Estate and boasts both global Japanese clothing manufacturer and retailer Uniqlo, leading beverage distributor Mark Anthony Brands, and lawn care manufacturer ScottsMiracle-Gro as tenants.
“The acquisition of the future Lehigh North property is a milestone for BRIDGE, as it marks our first development in the state of Pennsylvania,” said Milanaik. “The Lehigh Valley continues to distinguish itself as one of the country’s most vital distribution and logistics hubs, which was critical to our success at nearby Bridge Point 78. We are extremely excited to continue our budding partnership with Link Logistics to introduce this state-of-the-art facility to meet the incredible demand for industrial space in this area, and play a continued role in the return of jobs and economic vitality to the entire region.”
Lehigh North will feature 36-foot clear heights, a cross docked configuration for its 73 exterior docks, four drive-in doors, 100 trailer positions and parking for 187 cars. The facility is ideally positioned, sitting equidistant between Route 78 and Allentown, Pennsylvania, with easy connectivity to Route 33 through the Northampton Valley.
Britton Winterer, Executive Vice President, Head of Development at Link Logistics said, “We are excited to partner with BRIDGE to develop this state-of-the-art industrial facility, which helps us meet the area’s high level of demand for logistics real estate. The Lehigh North project will be an excellent addition to our existing Lehigh Valley portfolio, which totals more than 16 million square feet of high-quality, well-located industrial product.”
This is the second deal of this type that BRIDGE has conducted with Link Logistics. In 2019, the two companies also partnered to develop a 95,000-square-foot industrial facility in Lyndhurst, N.J.
Mark Calabro of Weichert Commercial Brokerage, Inc. represented the landowner in the transaction. Link Logistics and BRIDGE will select leasing brokers for Lehigh North in early 2021.