Caroline 95 Logistics construction is underway! +1 million SF to deliver Q1 2023. #cbre #cbreindustrial #commercialdevelopment #carolinecounty #industrialdevelopment
Jason Hetherington, SIOR’s Post
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Excited to be on the team bringing this to market. This is a great project in a great location.
It is with great excitement that we announce our latest speculative industrial development project, TriPoint Distribution Center. TriPoint, located at the intersection of Route 460, I-295, and I-95 in Prince George County, VA, will be a standalone, 347,760 square-foot, 36' clear cross-dock distribution facility. The project’s location will offer exceptional access to Central Virginia's primary transportation routes and robust labor force, with easy access to all of The Port of Virginia terminals. The project, to be built by our long-time construction partner, ARCO Design/Build, will break ground this July and will be ready for occupancy in the Summer of 2025. For leasing and tenant customization options, please reach out to our project leasing partners, Jason Hetherington, SIOR, Brad Lowry, MBA, and Doug Tice, IV with CBRE. #industrialdevelopment #specindustrial #portofvirginia #construction
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Interesting Port Data
4 charts show how cargo diversions are playing out in the US
supplychaindive.com
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CBRE Real Estate Outlook for 2023
U.S. Real Estate Market Outlook 2023
cbre.com
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Limited availability in Norfolk for the foreseeable future.
Q4 2022 Norfolk Market Wrap-up
cbreemail.com
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Positive forecast despite headwinds.
Warehouse tenants prefer ‘bread-and-butter’ essentials when seeking CRE | Connected Real Estate Magazine
https://connectedremag.com
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