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Arcadia North

2077 Corporate Ctr Dr W, Tobyhanna, PA 18466, United States

Arcadia North

As exclusive agent, Cushman & Wakefield’s National Industrial Advisory Group is pleased to offer a 100% fee interest in Arcadia North for sale. This 1,050,244 square foot institutional quality industrial building is fully leased to Lowe’s Companies, LLC through February 2030.

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Gerard J. Blinebury, Jr., joined Cushman & Wakefield in 2001 and currently serves as Vice Chairman of the Industrial Brokerage Group and Partner in Cushman & Wakefield’s Industrial Advisory Group (IAG), specializing in the Industrial Asset Class throughout Eastern Pennsylvania. Mr. Blinebury has a broad range of experience working with institutional owners and corporate users throughout the I-81 and I-78 corridors as well as the Suburban Philadelphia Industrial Markets. This experience includes agency leasing, building sales, land sales, tenant/ buyer representation and the marketing of investment grade industrial buildings and industrial parks. Prior to joining Cushman & Wakefield, Mr. Blinebury was associated with Kissinger, Bigatel & Brower, a full-service real estate firm in State College, Pennsylvania.

Adam Spies
Adam SpiesCo-Head of U.S. Capital Markets
adam.spies@nmrk.com / (212) 850-5420
Property Type
Industrial
Deal Type
Acquisition
Risk Profile
Core

The property is located within the I-81/I-78 Corridor market and is proximate to major highways such as I-81, I-80, I-83, I-84 and I-380, providing access to NYC, Washington DC, Philadelphia, Pittsburgh and Baltimore within a 5-hour drive.

 

The property features:

  • 36’ clear heights
  • 54 x 50' column spacing
  • 105 loading positions,
  • 4 drive-in doors
  • 469 trailer parks
  • 316 car parks
  • 191' truck court
  • ESFR lighting & sprinkler system

Arcadia North was built in 2020 and has served as NFI Industries’ distribution center servicing Lowe’s. This facility is a mission critical operation servicing over 160 physical retail locations throughout the Northeast from Maine to New Jersey. The building is used for the sourcing of bulk products like refrigerators, riding mowers, grills, ac units, lawn chairs, etc., from the ports of New Jersey to retail centers throughout the northeast US.

 

Notable tenants in this market include Walmart, Home Depot, Chewy, Samsung, Amazon and FedEx.