Goodman breaks ground at its latest logistics center in Newberry, Central Pennsylvania

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Sep 07, 2018, 12:39 ET

NEWBERRY, Pa., Sept. 7, 2018 /PRNewswire/ -- Goodman Group, today announced it has kicked off construction works for a two-building logistics campus that will total over 1.8 million square feet – Goodman Logistics Center Newberry. The new site offers customers a unique opportunity to build a modern logistics warehouse to suit their needs, in this premium location.

Located adjacent to Exit 35 and fronting Interstate 83, Goodman's latest development provides strategic access to the Port of Baltimore, New York / New Jersey, Philadelphia and Washington D.C.

Goodman Logistics Center Newberry - Site Plan

Anthony Rozic, CEO of Goodman North America said: "Newberry is located within one of the premier industrial real estate markets in the US given its affordable cost of living, large labor pool, and high consumption of goods within its own boundaries. In addition, Goodman Logistics Center Newberry's location means that it offers strategic access to 40% of the nation's population while offering freeway frontage for customers."

Construction for both on-site and off-site infrastructure has now commenced, and the site will be ready to start building by December 2018. With construction due to complete in Q3 2019.

Key features:

Building One

1,104,289 s.f.
36' clear cross-dock facilities
Dedicated parking for 228 trailers

Building Two

732,000 s.f.
36' clear cross-dock facilities
Dedicated parking for 162 trailers

In addition:

134 additional trailer parking stalls will be available for either building
Pursuing Silver LEED certification
ESFR sprinkler system and LED lighting

Goodman Logistics Center Newberry is one of a number of projects in Goodman's current US$2.6 billion development pipeline, which will provide 18.3 million square feet of Class A logistics space in the key logistics and industrial markets of Inland Empire, Greater Los Angeles, Northern New Jersey, Lehigh Valley and Central Pennsylvania.

Over the last twelve months, Goodman has completed 5.5 million square feet of Class A development product in these key logistics markets, with a further 1.9 million square feet currently under construction. This is consistent with Goodman's ongoing commitment to servicing the needs of its national and global customer base through the development of modern, well-located properties for long-term ownership.

About Goodman
Goodman Group is an integrated property group with operations throughout Australia, New Zealand, Asia, Europe, the United Kingdom, North America and Brazil. Goodman Group, comprised of the stapled entities Goodman Limited and Goodman Industrial Trust, is the largest industrial property group listed on the Australian Securities Exchange and one of the largest listed specialist investment managers of industrial property and business space globally.

Goodman's global property expertise, integrated own+develop+manage customer service offering and significant investment management platform ensures it creates innovative property solutions that meet the individual requirements of its customers, while seeking to deliver sustainable long-term returns for its Partners.

www.goodman.com

SOURCE Goodman North America