{"id":1004514532,"date":"2021-03-05T04:43:43","date_gmt":"2021-03-05T12:43:43","guid":{"rendered":"http:\/\/internal.cpexecutive.com\/?p=1004514532"},"modified":"2021-05-15T10:12:20","modified_gmt":"2021-05-15T18:12:20","slug":"jv-signs-full-building-tenant-at-pennsylvania-facility","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/jv-signs-full-building-tenant-at-pennsylvania-facility\/","title":{"rendered":"JV Signs Full-Building Tenant at Pennsylvania Facility"},"content":{"rendered":"
\"\"<\/a>

Valley View Trade Center. Image courtesy of Trammell Crow<\/em><\/p><\/div>\n

Trammell Crow Co. and Diamond Realty Investments have signed a full-building lease with a major e-commerce company at Valley View Trade Center, a 1,027,660-square-foot industrial property in Jessup, Pa. Last December, the joint venture completed the shell buildings at Innovation Business Center<\/a>, a 403,600-square-foot industrial project in Newnan, Ga.<\/p>\n

Valley View came online last August. The partnership broke ground on the development in 2018, after securing construction financing from Texas Capital Bank. The distribution facility features a 40-foot clear height, 190-foot deep truck courts, ESFR sprinklers and 159 dock positions, which can be expanded to 209. The property also has 277 parking spots for cars and 311 for trailers.<\/p>\n

Located at 45 Valley View Circle, the facility is 6 miles from Interstate 84 and 10 miles from Scranton, Pa. The property is also adjacent to a 64-acre site<\/a>, which was recently acquired by Transwestern. The company plans to develop a 750,000-square-foot speculative industrial project. Completion is scheduled for 2022.<\/p>\n

CBRE’s William Wolf and Max Wolf represented Trammell Crow and Diamond in the lease transaction. Recently, the brokerage assisted the seller of a 1.2 million-square-foot, 25-building light industrial portfolio<\/a> across Southern New Jersey and Bucks County, Pa.<\/p>\n","protected":false},"excerpt":{"rendered":"

The partnership of Trammell Crow Co. and Diamond Realty Investments broke ground on the development in 2018 and completed the construction last year.<\/p>\n","protected":false},"author":868,"featured_media":1004529167,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21743,21748,21742,10],"tags":[32789,33974,45719,32893],"class_list":["post-1004514532","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-deals","category-industrial","category-latest","category-northeast","tag-cbre","tag-diamond-realty-investments","tag-texas-capital-bank","tag-trammell-crow-company"],"acf":[],"yoast_head":"\nJV Signs Full-Building Tenant at Pennsylvania Facility - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/jv-signs-full-building-tenant-at-pennsylvania-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JV Signs Full-Building Tenant at Pennsylvania Facility\" \/>\n<meta property=\"og:description\" content=\"The partnership of Trammell Crow Co. and Diamond Realty Investments broke ground on the development in 2018 and completed the construction last year.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/jv-signs-full-building-tenant-at-pennsylvania-facility\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-05T12:43:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-15T18:12:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Valley-View-Trade-Center-e1614944720121.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"582\" \/>\n\t<meta property=\"og:image:height\" content=\"436\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sergiu Inizian\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jv-signs-full-building-tenant-at-pennsylvania-facility\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/jv-signs-full-building-tenant-at-pennsylvania-facility\/\",\"name\":\"JV Signs Full-Building Tenant at Pennsylvania Facility - 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