HUMBOLDT LOGISTICS CENTER 550 OAK RIDGE ROAD HAZELTON, PA 18202
PROPERTY HIGHLIGHTS CROSS DOCK DISTRIBUTION FACILITY + + 615,600 SF on 48 Acres + + Available Q3, 2018 + + 100% air conditioned warehouse + + 1,200 car spots and 301 trailer spots + + Future expansion of building by 273,600 SF for a total of 889,200 SF PARK PROFILE Developed by CAN DO, Inc., Humboldt Industrial Park is a wellestablished industrial development stretching five miles along PA State Route 924. Located off Exit 143 of Interstate 81 (N/S) and only minutes from the interchange of Interstate 80 (E/W), Humboldt is within a day s truck drive of 40% the population and total manufacturing of the entire nation. Humboldt Park has nearly 60 industries, about 10,000 employees and approximately 13.7 million square feet of industrial space. Reading Blue Mountain & Northern Railroad provides rail service through the park. Humboldt Industrial Park has some of the top named manufacturing and distribution companies such as AutoZone, American Eagle Outfitters, First Quality, Simmons, and International Paper. The park is also home to food processing and food distribution companies like Hershey Foods, Tootsie Roll, Cargill Meat Solutions, Cargill Cocoa and Chocolate, and Bimbo Bakeries. Humboldt offers many amenities including hotel, convenience stores, and multiple food options. INSTITUTIONAL OWNERSHIP Gramercy Property Trust (NYSE: GPT) is a leading global investor and asset manager of commercial real estate. We specialize in acquiring and managing single-tenant, net-leased industrial and office properties. We focus on income producing properties leased to high quality tenants in major markets in the United States and Europe. SITE ACREAGE BUILDING SF/DIMENSIONS OFFICE BUILD-OUT PARKING BUILDING TYPE INSULATION 48 Acres 615,600 SF / 570 deep x 1,080 SF length 12,495 SF. LEED Silver Certification for commercial interiors 1,200 spots CLEAR HEIGHT 35 3-42 2 COLUMN SPACING ROOF FLOOR FIRE PROTECTION WAREHOUSE LIGHTING ELECTRICAL SERVICE WAREHOUSE HVAC OFFICE HVAC DOCK POSITIONS LOADING APRONS DOLLY PADS DRIVE-IN ACCESS Split-face block and insulated panels 4 thick R-13 fiberglass blanket insulation with white polypropylene scrim kraft facing 40 x 50 typical (five 40 bays, nine 50 bays, and two 60 bays) MR-24 standing seam metal roof. 6 thick R-19 insulation. Warranty until October 2030 8 thick slab ESFR T-5 high efficiency fixtures 4,000 amp power, 480/277 volt, 3-phase 100% air conditioned. 27 Trane package units. Installed 2012 Trane package rooftop heating and air conditioning units (82) 9 x 10 with 30,000 lb levelers, seals, and bumpers 60 concrete aprons 8 wide and 8 thick (2) 12 x 14 doors UTILITIES Gas: UGI Electric: PP& L Water: CAN DO Sewer: CAN DO OPERATING EXPENSES Taxes: $1.07 (2017 ESTIMATE) Insurance: $0.03 CAM: $0.16 Total $1.26/SF + 3% management fee
SITE PLAN 81 2.5 Miles Oak Ridge Road Main Acces Driveway Basin Main Office 60 Concrete Apron 60 50 60 40 14 Dock Doors 18 Dock Doors 1080 615,600 SF Future Expansion 273,600 SF Shipping/ Receiving Office 1200 Automobile Spaces/ Additional Trailer Storage 570 Guard House 64SF Drive-In Door 50 Dock Doors Loading Court Concrete Apron 130 60 Drive-In Door Potential Full Circulation 73 Trailer Storage Spaces
HUMBOLDT INDUSTRIAL PARK iles 2.2 M 550 Oak Ridge Road
REGIONAL ACCESS 300 Miles 550 Oak Ridge Road 200 Miles 100 Miles 40% OF THE NATION S POPULATION WITHIN ONE DAY S TRUCK DRIVE LOCATION MILEAGE Philadelphia, PA 102 miles Port of Newark 130 miles New York, NY 140 miles Baltimore, MD 160 miles Washington, DC 200 miles Boston, MA 335 miles
HUMBOLDT LOGISTICS CENTER 550 OAK RIDGE ROAD HAZELTON, PA 18202 VINCENT RANALLI Senior Vice President +1 610 251 5194 vincent.ranalli@cbre.com Licensed: PA Licensed Salesperson: NJ JOSEPH MCDERMOTT Senior Vice President +1 610 251 5107 joe.mcdermott@cbre.com Licensed: PA Licensed Salesperson: NJ JAKE TERKANIAN Vice President +1 610 727 5906 jake.terkanian@cbre.com Licensed: PA Licensed Salesperson: NJ CBRE, INC. 1200 Liberty Ridge Drive Suite 320 Wayne, PA 19087 T +1 610 251 0820 Licensed Real Estate Broker 2017 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.