{"id":1004697826,"date":"2024-01-16T04:43:21","date_gmt":"2024-01-16T12:43:21","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004697826"},"modified":"2024-01-16T06:07:51","modified_gmt":"2024-01-16T14:07:51","slug":"silverman-group-taps-range-commercial-to-lease-3-msf-project","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/silverman-group-taps-range-commercial-to-lease-3-msf-project\/","title":{"rendered":"Silverman Group Taps Range Commercial to Lease 3.3 MSF Project"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a0e35d6ab38d&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-full is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"801\" height=\"620\" data-attachment-id=\"1004697867\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/silverman-group-taps-range-commercial-to-lease-3-msf-project\/crosspointe-logistics-center-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/01\/Crosspointe-Logistics-Center.jpg\" data-orig-size=\"801,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Crosspointe-Logistics-Center\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Range Commercial Partners has been tapped to oversee the leasing efforts of Crosspointe Logistics Center. Image courtesy of Range Commercial Partners&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/01\/Crosspointe-Logistics-Center.jpg?w=801\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/01\/Crosspointe-Logistics-Center.jpg\" alt=\"\" class=\"wp-image-1004697867\" style=\"width:344px;height:auto\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/01\/Crosspointe-Logistics-Center.jpg 801w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/01\/Crosspointe-Logistics-Center.jpg?resize=300,232 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/01\/Crosspointe-Logistics-Center.jpg?resize=768,594 768w\" sizes=\"auto, (max-width: 801px) 100vw, 801px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">Range Commercial Partners has been tapped to oversee the leasing efforts at Crosspointe Logistics Center. <em>Image courtesy of Range Commercial Partners<\/em><\/figcaption><\/figure><\/div>\n\n\n<p><strong>SL Industrial Partners<\/strong>, an affiliate of <strong>The Silverman Group<\/strong>, has appointed <strong>Range Commercial Partners<\/strong> to oversee the leasing of a seven-building campus currently underway within the Crosspointe Logistics Center in Prince George, Va. Upon completion, the Class A industrial development will total 3.3 million square feet. <\/p>\n\n\n\n<p>The 900-acre Crosspointe Logistics Center can accommodate speculative development and build-to-suit opportunities. The site is currently home to a 292,000-square-foot manufacturing building that\u2019s leased to <strong>PGT Innovations<\/strong>, a building product manufacturing company. After signing the lease in November, the tenant also detailed plans to invest $54.3 million in the asset, which was previously a <a href=\"https:\/\/www.commercialsearch.com\/news\/silverman-group-enters-greater-richmond\/\">Rolls-Royce<\/a> manufacturing facility.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-cyan-bluish-gray-color has-alpha-channel-opacity has-cyan-bluish-gray-background-color has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/for-2024-prologis-forecasts-growing-freight-traffic\/\">For 2024, Prologis Forecasts Growing Freight Traffic<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-cyan-bluish-gray-color has-alpha-channel-opacity has-cyan-bluish-gray-background-color has-background is-style-wide\"\/>\n\n\n\n<p>Located at 8800 Wells Station Road along the I-95 corridor, the facility will give tenants immediate access to the I-85, I-95, I-295 and Route 460 highways, as well as the Port of Virginia terminals. According to SL Industrial, the properties will cater to companies looking to grow their business in the Mid-Atlantic region.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-developing-industrial-facilities-across-the-u-s\">Developing industrial facilities across the U.S.<\/h2>\n\n\n\n<p>In October, The Silverman Group affiliate also acquired the <a href=\"https:\/\/www.commercialsearch.com\/news\/the-silverman-group-picks-up-virginia-facility\/\">Virginia Inland Port Logistics Center<\/a>, a 339,450-square-foot distribution center located in Front Royal, Va., for $38.2 million. While The Silverman Group is based in New Jersey, its overall portfolio includes more than 25 million square feet of office, industrial, retail, aviation and multifamily properties that are either owned or managed by the firm.<\/p>\n\n\n\n<p>In addition to the seven-building industrial campus within the Crosspointe Logistics Center, The Silverman Group has more than 15 million square feet of commercial space under development across several states. Besides projects in South Carolina and Connecticut, the firm has also started work on a 97,494-square-foot industrial and manufacturing facility in Hebron, Ky., as well as on a similar 163,610-square-foot single-story building in North Brunswick Township, N.J.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A seven-building campus will soon rise at this southern Virginia logistics center.<\/p>\n","protected":false},"author":883,"featured_media":1004697867,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21782,21808,21748,11,21742],"tags":[40338],"class_list":["post-1004697826","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-development","category-featured","category-industrial","category-midatlantic","category-latest","tag-the-silverman-group"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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