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Highlights
- EQT Real Estate presents the pre-leasing of the 744,080-square-foot, Class A heavy industrial warehouse at 325 Centerpoint Blvd, available Q2 2027.
- Designed with cross-dock truck loading & subdivision potential to handle various types of users from light manufacturing to warehouse distribution.
- Currently occupied by Lowe’s Distribution Center, underscoring the warehouse’s ability to support massive supply chain network infrastructures.
- Quick access to the Interstate 476/81 interchange and 5 miles from the Scranton International Airport, supporting distribution logistics.
- Equipped with a 36-foot clear height, two drive-in bays, 69 levelers, 80 dock-high doors, and over 140 surface parking spaces for employees.
- Within the subject’s 10-mile radius, more than 30,700 daytime employees report to manufacturing and trade transportation, a robust workforce.
Features
All Available Space(1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Build-Out
- Available
325 Centerpoint Boulevard is a 744,080-square-foot, Class A, bulk distribution facility offering modern institutional specifications, including cross-dock functionality, trailer parking, ESFR sprinklers, LED lighting, and substantial power capacity to support high-throughput distribution operations. With expansion capability, extensive trailer parking, and proximity to some of the nation’s largest logistics users, the property presents a premier opportunity for e-commerce, retail, and third-party logistics tenants seeking scalable, mission-critical distribution space.
- 2 Drive Ins
- 80 Loading Docks
- 4,000 Amps of Power
- Modern Office Finishes
- Space is in Excellent Condition
- 259 Trailer Stalls
- Cross Dock
- Potential Expansion: 125,000 square feet
| Space | Size | Term | Rental Rate | Space Use | Build-Out | Available |
| 1st Floor | 744,080 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Industrial | - | 2027-04-01 |
1st Floor
| Size |
| 744,080 SF |
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Industrial |
| Build-Out |
| - |
| Available |
| 2027-04-01 |
1st Floor
| Size | 744,080 SF |
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Industrial |
| Build-Out | - |
| Available | 2027-04-01 |
325 Centerpoint Boulevard is a 744,080-square-foot, Class A, bulk distribution facility offering modern institutional specifications, including cross-dock functionality, trailer parking, ESFR sprinklers, LED lighting, and substantial power capacity to support high-throughput distribution operations. With expansion capability, extensive trailer parking, and proximity to some of the nation’s largest logistics users, the property presents a premier opportunity for e-commerce, retail, and third-party logistics tenants seeking scalable, mission-critical distribution space.
- 2 Drive Ins
- Space is in Excellent Condition
- 80 Loading Docks
- 259 Trailer Stalls
- 4,000 Amps of Power
- Cross Dock
- Modern Office Finishes
- Potential Expansion: 125,000 square feet
Property Overview
325 Centerpoint Boulevard is a 744,080-square-foot, Class A bulk distribution facility strategically positioned within the highly sought-after Interstate 81 logistics corridor in Jenkins Township, Pennsylvania. The property offers modern institutional specifications, including cross-dock functionality, trailer parking, ESFR sprinklers, LED lighting, and substantial power capacity to support high-throughput distribution operations. The asset benefits from exceptional regional connectivity with immediate access to Interstates 81, 80, 380, 84, and the Pennsylvania Turnpike, providing efficient access to major Northeast population centers. The Scranton highway infrastructure?was built to link major East Coast manufacturing and population centers. Over time, it has evolved into one of the Mid-Atlantic's most important logistics and distribution arteries. Today, the submarket encompasses roughly 126 million square feet of industrial inventory, making it the fourth-largest industrial market in the state, behind only Philadelphia, Pittsburgh, and Lehigh Valley. Warehouse and distribution facilities dominate the corridor, accounting for both square footage and daytime employment. With expansion capability, extensive trailer parking, and proximity to some of the nation’s largest logistics users, the property presents a premier opportunity for e-commerce, retail, and third-party logistics tenants seeking scalable, mission-critical distribution space.
Distribution Facility Facts
Select Tenants
- Floor
- Tenant Name
- Industry
- 1st
- Lowe’s
- Retailer
About I-81 Corridor
The growth of logistics-focused development has been a shot in the arm for Scranton. The small northeastern Pennsylvania city was ideally situated to accommodate the initial growth of e-commerce, given its quick access to major interstates like 81 and 80. Within a day’s drive, truckers can reach roughly 60% of the nation’s population, as well as 40% of Canadian consumers.
Shipping fuels most of Scranton’s commercial real estate construction and generates the market’s strongest levels of demand for commercial real estate space of any kind. Major companies like FedEx, Amazon, and Isuzu occupy Scranton distribution hubs, and interest in the market could grow if interest in neighboring Lehigh Valley declines. Scranton rents are cheaper than in Allentown, and developers are encountering scarcity issues with quality land after a huge build up across Lehigh County.
The prime location attracts tenants from across the globe, and though leasing and construction lag in comparison to regional competitors, developers have been active. Developers have added more than 10 million square feet in the last decade, and during that time major brands like Pepsi, Amazon, and FedEx established distribution centers here. Acceleration of rent growth kicked off in 2015, and gains have stayed above average since.
Demographics
Regional Accessibility
Nearby Amenities
Hotels |
|
|---|---|
| Candlewood Suites |
71 rooms
12 min drive
|
| Knights Inn |
64 rooms
13 min drive
|
| Holiday Inn Express |
90 rooms
13 min drive
|
Leasing Agent
Eli Gurwitz, Investment Leasing Officer - Northeast
About the Owner
Other Properties in the EQT REAL ESTATE Portfolio
Presented by
325 Centerpoint Blvd
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