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Hines Heads to West Virginia for Industrial Development Opportunity
Hines, along with MetLife Investment Management, has acquired the final site for the Tabler Station Logistics Park in Martinsburg, WV for service to the Washington, DC, Baltimore, MD and Richmond, VA markets in less than four hours.
Upon completion, the project will consist of three buildings with approximately 1.6 million square feet of industrial space on 140 acres of land. Phase two of Tabler Station Logistics Park will consist of an 860,720-square-foot Class A industrial building featuring 40-foot clear heights, 70-foot speed bays, and abundant trailer storage. Phase one of the industrial park is nearing completion and is comprised of two 365,000-square-foot logistics buildings.
“Martinsburg is a fast-growing market, and occupier demand for Class A industrial space continues to outpace existing supply,” said Tom Griggs, managing director at Hines. “We plan to commence construction immediately to capitalize on the high demand for best-in-class, large-format logistics space.”
- ◦Development
