{"id":1004557474,"date":"2021-11-11T04:59:06","date_gmt":"2021-11-11T12:59:06","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004557474"},"modified":"2022-12-08T12:48:00","modified_gmt":"2022-12-08T20:48:00","slug":"hines-jv-kickstarts-west-virginia-logistics-project","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hines-jv-kickstarts-west-virginia-logistics-project\/","title":{"rendered":"Hines, MetLife Kickstart Logistics Project"},"content":{"rendered":"
\"Tabler<\/a>

Tabler Station Logistics Park. Image courtesy of Hines<\/p><\/div>\n

Hines and an investor advised by MetLife Investment Management have begun construction on Tabler Station Logistics Park, in Martinsburg, W.Va., phase one of which will comprise two Class A industrial buildings of 365,400 square feet each.<\/p>\n

Martinsburg is in West Virginia\u2019s eastern panhandle, in the lower Shenandoah Valley; the nearest large town is Hagerstown, Md. Martinsburg is also home to one of Procter & Gamble\u2019s largest manufacturing plants on the East Coast.<\/p>\n

The 145-acre site has excellent access to I-81, making the project well located to service not only the Washington, D.C., market, but also Baltimore, Richmond, Va., Pittsburgh and Philadelphia.<\/p>\n

\n

READ ALSO<\/strong>: While Supply Chain Slows, Logistics Real Estate Moves Fast: Report<\/a><\/p>\n

\n

Both buildings in phase one will feature 40-foot clear heights at first column, a cross-dock configuration with 450-foot building depths, 185-feet-deep truck courts and full building circulation with easily segregated car and trailer traffic.<\/p>\n

Phase one of Tabler Station is expected to be completed in the fourth quarter of 2022.<\/p>\n

The project was designed by Powers Brown Architects and Pennoni Engineering, and phase one is being constructed by RS Mowery. Wells Fargo is providing construction financing for phase one, and Hines is partnering with MetLife Core Plus Partners, a joint venture composed of institutional investors advised by MetLife Investment Management.<\/p>\n

Once complete, the park will consist of three buildings totaling about 1.6 million square feet of industrial space.<\/p>\n

Tabler Station Logistics Park will be Hines\u2019 first industrial development in the U.S. East region.<\/p>\n

The Hines deal team includes Senior Managing Director Chuck Watters, Managing Director Tom Griggs, Director John Carroll, Associate Julia Craig, and Senior Construction Manager Eric Mitman.<\/p>\n

Picturesque and booming<\/h2>\n

West Virginia\u2019s eastern panhandle is a part of the I-81 corridor that has seen a spike in industrial absorption in the second half of this year, according to a third-quarter report on the northern Shenandoah Valley from Colliers. Amazon, Procter & Gamble and Herbalife are among the companies that have taken sizable distribution spaces in the submarket.<\/p>\n

The average asking rent in the northern Shenandoah Valley has risen to $5.39 per square foot. The construction pipeline, unsurprisingly, is growing in Hagerstown, Md., and adjoining areas.<\/p>\n","protected":false},"excerpt":{"rendered":"

This West Virginia facility will be Hines\u2019 first industrial development in the East.<\/p>\n","protected":false},"author":882,"featured_media":1004557484,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21748,21742],"tags":[35498,32797,44078,36732,41429,33277],"class_list":["post-1004557474","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-industrial","category-latest","tag-colliers","tag-hines","tag-metlife-investment-management","tag-powers-brown-architecture","tag-procter-gamble","tag-wells-fargo"],"acf":[],"yoast_head":"\nHines, MetLife Kickstart Logistics Project - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"This West Virginia facility will be Hines\u2019 first industrial development in the East. The firm has teamed up with MetLife Core Plus Partners for its first industrial development in the East region.\" \/>\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\/hines-jv-kickstarts-west-virginia-logistics-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hines, MetLife Kickstart Logistics Project\" \/>\n<meta property=\"og:description\" content=\"This West Virginia facility will be Hines\u2019 first industrial development in the East. The firm has teamed up with MetLife Core Plus Partners for its first industrial development in the East region.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hines-jv-kickstarts-west-virginia-logistics-project\/\" \/>\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=\"2021-11-11T12:59:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T20:48:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/11\/Tabler-Station-Logistics-Park.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"810\" \/>\n\t<meta property=\"og:image:height\" content=\"616\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Baltic\" \/>\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\/hines-jv-kickstarts-west-virginia-logistics-project\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/hines-jv-kickstarts-west-virginia-logistics-project\/\",\"name\":\"Hines, MetLife Kickstart Logistics Project - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hines-jv-kickstarts-west-virginia-logistics-project\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hines-jv-kickstarts-west-virginia-logistics-project\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/11\/Tabler-Station-Logistics-Park.jpg\",\"datePublished\":\"2021-11-11T12:59:06+00:00\",\"dateModified\":\"2022-12-08T20:48:00+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555\"},\"description\":\"This West Virginia facility will be Hines\u2019 first industrial development in the East. The firm has teamed up with MetLife Core Plus Partners for its first industrial development in the East region.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hines-jv-kickstarts-west-virginia-logistics-project\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/hines-jv-kickstarts-west-virginia-logistics-project\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hines-jv-kickstarts-west-virginia-logistics-project\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/11\/Tabler-Station-Logistics-Park.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/11\/Tabler-Station-Logistics-Park.jpg\",\"width\":810,\"height\":616,\"caption\":\"Tabler Station Logistics Park. Image courtesy of Hines\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hines-jv-kickstarts-west-virginia-logistics-project\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Hines, MetLife Kickstart Logistics Project\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555\",\"name\":\"Scott Baltic\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/06\/Scott.jpg?w=96\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/06\/Scott.jpg?w=96\",\"caption\":\"Scott Baltic\"},\"description\":\"Scott Baltic has been a contributing editor with Commercial Property Executive since 2011 and also wrote for its predecessor, Commercial Property News. He started writing about CRE in 1988 for a group of Chicago-based publications and in 1989 became the editor of Midwest Real Estate News. After moving on from there in 1991, Baltic continued writing occasionally about real estate, for publications like the Chicago Sun-Times, National Real Estate Investor, Urban Land, Shopping Center World and Architect\u2019s Newspaper. He earned a master\u2019s in journalism from Northwestern University\u2019s Medill School of Journalism and has a bachelor\u2019s from North Park University.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/scott-baltic\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Hines, MetLife Kickstart Logistics Project - Commercial Property Executive","description":"This West Virginia facility will be Hines\u2019 first industrial development in the East. The firm has teamed up with MetLife Core Plus Partners for its first industrial development in the East region.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/hines-jv-kickstarts-west-virginia-logistics-project\/","og_locale":"en_US","og_type":"article","og_title":"Hines, MetLife Kickstart Logistics Project","og_description":"This West Virginia facility will be Hines\u2019 first industrial development in the East. The firm has teamed up with MetLife Core Plus Partners for its first industrial development in the East region.","og_url":"https:\/\/www.commercialsearch.com\/news\/hines-jv-kickstarts-west-virginia-logistics-project\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2021-11-11T12:59:06+00:00","article_modified_time":"2022-12-08T20:48:00+00:00","og_image":[{"width":810,"height":616,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/11\/Tabler-Station-Logistics-Park.jpg","type":"image\/jpeg"}],"author":"Scott Baltic","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/hines-jv-kickstarts-west-virginia-logistics-project\/","url":"https:\/\/www.commercialsearch.com\/news\/hines-jv-kickstarts-west-virginia-logistics-project\/","name":"Hines, MetLife Kickstart Logistics Project - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/hines-jv-kickstarts-west-virginia-logistics-project\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/hines-jv-kickstarts-west-virginia-logistics-project\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/11\/Tabler-Station-Logistics-Park.jpg","datePublished":"2021-11-11T12:59:06+00:00","dateModified":"2022-12-08T20:48:00+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555"},"description":"This West Virginia facility will be Hines\u2019 first industrial development in the East. The firm has teamed up with MetLife Core Plus Partners for its first industrial development in the East region.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/hines-jv-kickstarts-west-virginia-logistics-project\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/hines-jv-kickstarts-west-virginia-logistics-project\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/hines-jv-kickstarts-west-virginia-logistics-project\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/11\/Tabler-Station-Logistics-Park.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/11\/Tabler-Station-Logistics-Park.jpg","width":810,"height":616,"caption":"Tabler Station Logistics Park. Image courtesy of Hines"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/hines-jv-kickstarts-west-virginia-logistics-project\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Hines, MetLife Kickstart Logistics Project"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555","name":"Scott Baltic","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/06\/Scott.jpg?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/06\/Scott.jpg?w=96","caption":"Scott Baltic"},"description":"Scott Baltic has been a contributing editor with Commercial Property Executive since 2011 and also wrote for its predecessor, Commercial Property News. He started writing about CRE in 1988 for a group of Chicago-based publications and in 1989 became the editor of Midwest Real Estate News. After moving on from there in 1991, Baltic continued writing occasionally about real estate, for publications like the Chicago Sun-Times, National Real Estate Investor, Urban Land, Shopping Center World and Architect\u2019s Newspaper. He earned a master\u2019s in journalism from Northwestern University\u2019s Medill School of Journalism and has a bachelor\u2019s from North Park University.","url":"https:\/\/www.commercialsearch.com\/news\/author\/scott-baltic\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/11\/Tabler-Station-Logistics-Park.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004557474","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/882"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004557474"}],"version-history":[{"count":9,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004557474\/revisions"}],"predecessor-version":[{"id":1004557508,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004557474\/revisions\/1004557508"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004557484"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004557474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004557474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004557474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}