Case Study :: Corning Life Science – Jenkins

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Property:
Corning Life Sciences

160 Research Drive
CenterPoint Commerce & Trade Park
Jenkins Township, Pennsylvania

Assignment:
– Site Selection for a 400,000 SF +/- Class A warehouse distribution building in Northeast Pennsylvania
– Identified existing building and build-to-suit opportunities in NEPA regional marketplace
– Completed competitive bid process and economic comparative analysis

Challenges:
– Capital markets financing
– Finding the right long term opportunity to grow in the regional marketplace

Conclusion:
– Secured long-term lease of an existing warehouse
– Closed February, 2010

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