OAK BROOK, IL – CenterPoint Properties welcomes Neovia Logistics Services, LLC., a third party logistics provider, to CenterPoint Intermodal Center – Joliet, IL. CenterPoint is constructing a 406,000 SF built-to-suit facility on 30.5 acres of land. Neovia will occupy the facility upon construction completion in summer 2014. Steve Rubin, Neovia’s Corporate Real Estate Manager, Thomas Bartlett-Svehla, Jim Jennings, and Anthony Petropoulos of Neovia’s legal team worked diligently with CenterPoint development team members Brian McKiernan, Jeremy Grey, lawyer Mark Richmond, and Dan Leahy and Adam Roth of NAI Hiffman, to negotiate the deal.
The cross-loaded distribution facility will feature approximately 11,000 SF of office space, a 32’ clear height, 100 dock doors and 300 trailer stalls. The 300’ building depth reduces dock-to-dock travel time, providing a throughput advantage for transload clients. Neovia will import/export 30,000 containers per year.
“By locating within CIC – Joliet, we are certain our operations will be more efficient due to the increase in warehouse space and immediate proximity to the intermodal facilities,” stated Steve Rubin of Neovia. “With CenterPoint’s ability to meet our design requirements, accommodate our corporate lease structure and concentrated efforts with the city to provide timely permitting, we are happy that this project is scheduled to meet our completion target.”
Neovia will import and export mechanical parts internationally, taking advantage of the proximity to the intermodal ramps and the use of the heavyweight CIC private road system. New supporting infrastructure, proximity to the intermodal and interstate system, and a strong labor pool, are a few of the benefits to locating within CIC – Joliet.
“This project will add a functional, high-velocity building into the park, which is well-suited for an inland port location,” remarked senior vice president of development, Brian McKiernan. “The relocation will provide Neovia the larger space required to run their business efficiently from a state-of-the-art CenterPoint property.”
About CenterPoint Properties
CenterPoint Properties is focused on the development, acquisition and management of industrial property and transportation infrastructure that enhances business and government supply chain efficiency. The company invests in major coastal and inland port logistics markets anchoring North America’s principal freight lanes. CenterPoint‘s portfolio includes 45.5 million square feet and 6,000 acres under development in the company’s integrated intermodal industrial parks. For more information on CenterPoint Properties, visit www.centerpoint.com or follow @centerpointprop on Twitter.
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