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702,000 SF Bldg. w/ Robust Utility Service 460-480 Research Dr
182,000 - 702,000 SF of 5-Star Industrial Space Available in Pittston Township, PA 18640
Highlights
- Up to 1 million gallons of water available per day.
- 100 loading doors (cross-dock), four drive-in doors, 35'4" to 41'6" ceilings 7" concrete floors, and 50' x 50' column spacing with 60' staging.
- Real estate taxes on improvements are 100% abated through January 31, 2031
- Park is 1/2 mile from I-81 and I-476 near UPS and FedEx Ground and the Wilkes-Barre Scranton International Airport.
- 4000 Amps of power with switchgear in hand to take to 12,000 Amps.
- 24,000 scfh (cubic feet of natural gas per hour) capacity; up to 30,000 scfh available
Features
all available space(1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Condition
- Available
This 702,000 square foot Class A industrial building can be subdivided to 182,000 square feet and features immediate interstate access, robust utility service, and a tax abatement through January of 2031. Key features include a 35'-4" approximate clear structural height located at first column in from loading dock wall and a 41-6" clear structural height at building ridge, one hundred 9-foot by 10-foot loading doors, four 12-foot by 14-foot drive-in doors, 50' x 50' bay spacing with 60' deep staging bays at both loading walls, clerestory windows, and 7-inch concrete floors. Utility service includes up to 1 million gallons of water per day, 4,000 amps of power with switchgear in hand to quickly expand to 12,000 Amps, a redundant fiber network throughout the building, energy-efficient LED fixtures in the warehouse, ESFR fire protection, 24,000 scfh capacity expandable to 30,000 scfh, energy-efficient Cambridge direct-fire units in the warehouse. The building has a 1250 kW diesel generator providing the warehouse with emergency lighting and full building standby power. The building includes a 14,000-square-foot main office with an approximately 5,150-square-foot break room with a 21-foot ceiling and an abundance of natural light. The breakroom can accommodate in excess of 400 employees. There are also two 1,500-square-foot shipping and receiving offices. Plus, benefit from a 3,000-square-foot battery charging area with an epoxy-coated floor and power for 25 charging positions. There is parking for 587 vehicles and 236 trailers on site.
- Lease rate does not include utilities, property expenses or building services
- 4 Drive Ins
- 100 Loading Docks
- Kitchen
- Natural Light
- 100 loading doors (cross-dock), 4 drive-in doors
- Up to 1 million gallons of water per day
- Includes 14,000 SF of dedicated office space
- Space is in Excellent Condition
- Partitioned Offices
- Private Restrooms
- 35'4" ceiling clear height, 7" floors
- 4,000 Amps of power, expandable to 12,000 Amps
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor | 182,000-702,000 SF | Negotiable | $7.85 /SF/YR $0.65 /SF/MO $84.50 /m²/YR $7.04 /m²/MO $459,225 /MO $5,510,700 /YR | Industrial | Full Build-Out | Now |
1st Floor
| Size |
| 182,000-702,000 SF |
| Term |
| Negotiable |
| Rental Rate |
| $7.85 /SF/YR $0.65 /SF/MO $84.50 /m²/YR $7.04 /m²/MO $459,225 /MO $5,510,700 /YR |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 182,000-702,000 SF |
| Term | Negotiable |
| Rental Rate | $7.85 /SF/YR |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
This 702,000 square foot Class A industrial building can be subdivided to 182,000 square feet and features immediate interstate access, robust utility service, and a tax abatement through January of 2031. Key features include a 35'-4" approximate clear structural height located at first column in from loading dock wall and a 41-6" clear structural height at building ridge, one hundred 9-foot by 10-foot loading doors, four 12-foot by 14-foot drive-in doors, 50' x 50' bay spacing with 60' deep staging bays at both loading walls, clerestory windows, and 7-inch concrete floors. Utility service includes up to 1 million gallons of water per day, 4,000 amps of power with switchgear in hand to quickly expand to 12,000 Amps, a redundant fiber network throughout the building, energy-efficient LED fixtures in the warehouse, ESFR fire protection, 24,000 scfh capacity expandable to 30,000 scfh, energy-efficient Cambridge direct-fire units in the warehouse. The building has a 1250 kW diesel generator providing the warehouse with emergency lighting and full building standby power. The building includes a 14,000-square-foot main office with an approximately 5,150-square-foot break room with a 21-foot ceiling and an abundance of natural light. The breakroom can accommodate in excess of 400 employees. There are also two 1,500-square-foot shipping and receiving offices. Plus, benefit from a 3,000-square-foot battery charging area with an epoxy-coated floor and power for 25 charging positions. There is parking for 587 vehicles and 236 trailers on site.
- Lease rate does not include utilities, property expenses or building services
- Includes 14,000 SF of dedicated office space
- 4 Drive Ins
- Space is in Excellent Condition
- 100 Loading Docks
- Partitioned Offices
- Kitchen
- Private Restrooms
- Natural Light
- 35'4" ceiling clear height, 7" floors
- 100 loading doors (cross-dock), 4 drive-in doors
- 4,000 Amps of power, expandable to 12,000 Amps
- Up to 1 million gallons of water per day
Property Overview
460-480 Research Drive is a Class A, utility-strong, 702,000-square-foot industrial facility in Pittston Township, Pennsylvania. The building is on 92.99 acres in CenterPoint Commerce and Trade Park East and features a 14,000-square-foot main office and on-site parking for 587 vehicles and 236 trailers. 460-480 Research Drive features a 35'4" ceiling clear height at the first column in from the loading dock wall and up to 41 feet, 6 inches at the building ridge. Other features include (100) 9' x 10' foot loading doors, 200' loading courts, four 12' x 14' drive-in doors, 50' x 50' bay spacing with 60' deep staging bays at both loading walls, clerestory windows, and 7" concrete floors. Utility features include 1 million gallons of water per day, 4000 Amps with switchgear in hand for an expedited upgrade to 12,000 Amps, 24,000 scfh capacity (cubic feet of natural gas per hour) expandable to 30,000 scfh, a redundant fiber network throughout the building, and a 1250 kW diesel generator. The fiber optic service within this facility extends from the facility MDF room within the office to ten remote IDF locations throughout the warehouse. Each IDF location is served by (2) separate six strand multimode fiber optic cables for redundancy, with primary and redundant cabling installed via separate pathing to increase circuit integrity. Receive tax savings through the property’s location inside a Local Economic Revitalization Tax Assistance (LERTA) zone. Real estate taxes on improvements are 100% abated through January 31, 2031. CenterPoint Commerce and Trade Park is home to a wide variety of distribution, manufacturing, office, and medical companies and is located less than a half mile from Interstates 81 and 476. FedEx Ground and UPS are located within adjacent business parks, and the Wilkes-Barre Scranton International Airport is 3.5 miles away. CenterPoint Commerce and Trade Park is in the heart of one of Northeastern Pennsylvania's most densely populated areas, with more than 705,000 surrounding residents living within 30 miles. Experience easy access to interstate highways and Route 315 and arrive in New York City, Philadelphia, and Harrisburg within a two-hour drive.
Manufacturing FACILITY FACTS
Marketing Brochure
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
Leasing Agent
Leasing Agent
Robert Besecker, Vice President, Senior Director of Leasing
Mr. Besecker began his real estate career at his family’s residential real estate office and later joined the real estate department at Jewelcor, Inc., a former national retail catalog showroom company that was headquartered in Wilkes-Barre. While at Jewelcor, he helped to oversee the leasing and disposition of more than one million square feet of office and retail space in Pennsylvania, New York, Texas, Florida, New Jersey, and California.
He has helped Mericle grow its portfolio of sold and leased properties from eight buildings comprising less than 500,000 square feet to more than 100 buildings and approximately 22 million square feet. He has been instrumental in bringing many tenants to Mericle including Simmons Company, The Home Depot, Maximus, C3i, Sky Zone, BBU, Apollo Flow Controls, and Brake Parts, Inc. Mr. Besecker is also Broker of Record, a position he has held since the inception of the Brokerage Division that was started in 1993.
About the Owner
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Robert Besecker -
William Jones -
James Hilsher -
James Cummings -
Mericle Commercial Real Estate Services Properties
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702,000 SF Bldg. w/ Robust Utility Service | 460-480 Research Dr
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