First Industrial Realty Trust Leases 1.1 Million Square-Foot Logistics Facility in Central PA to Fashion Retailer, Boohoo
First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully-integrated owner, operator and developer of industrial real estate, recently signed a long-term lease for its first building at First Logistics Center @ 283 in Elizabethtown, Pennsylvania. UK-based online fashion retailer, boohoo group plc, leased the entire 1.1 million square-foot facility to serve as their first warehouse and fulfillment center in the US market. The property features 40’ clear heights, energy-efficient lighting, and abundant car and trailer parking. Boohoo’s operations are expected to bring approximately 400 new jobs to the area.
On the strength of this successful development and lease, First Industrial has started construction on an adjacent 700,000 square-foot facility at the park. The new building is expected to be completed in the second quarter of 2023 and is available for lease. The building will feature 40’ clear heights, 143 loading doors, 194 dedicated trailer stalls, 318 parking spaces and ESFR sprinklers. The First Industrial team is pursuing LEED Silver certification for both buildings.
“We are excited to lease our initial building at First Logistics Center @ 283 and we thank boohoo for choosing it as their first US distribution center,” said Jeff Thomas, senior regional director for First Industrial. “We look forward to delivering the 700,000 square-foot second building at the park in the second quarter of 2023 to meet the needs of businesses seeking logistics space in the highly sought-after I-78/81 logistics corridor.”
First Logistics Center @ 283 is located along Route 230 in Dauphin County, Pennsylvania. The project is strategically located just eight miles southeast of Harrisburg International Airport as well as FedEx and UPS parcel facilities.
First Industrial would like to thank Jeff Lockard, Paul Torosian, Ryan Barros and Kyle Lockard of JLL for their assistance with the lease. JLL will also assist First Industrial with leasing for the second building. Blue Rock Construction, Inc. served as General Contractor and Joseph V. Belluccia, AIA served as Architect for both buildings within First Logistics Center @ 283.
About First Industrial Realty Trust, Inc.
First Industrial Realty Trust, Inc. (NYSE: FR) is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing industry-leading customer service to multinational corporations and regional customers. Across major markets in the United States, our local market experts manage, lease, buy, (re)develop, and sell bulk and regional distribution centers, light industrial, and other industrial facility types. In total, we own and have under development approximately 69.8 million square feet of industrial space as of June 30, 2022. For more information, please visit us at www.firstindustrial.com.
Contact: Art Harmon, Vice President, Investor Relations and Marketing - (312) 344-4320