One of the nation’s largest third party logistics (3PL) companies is expanding its operations in Humboldt Industrial Park.
For the second time in less than four months, GENCO has leased more than 200,000 square feet of industrial space from Mericle Commercial Real Estate Services at 61 Green Mountain Road in Humboldt Industrial Park, East Union Township, Schuylkill County. The firm now leases the entire 408,200 square foot building.
GENCO, North America’s second-largest and a global top 25 third-party logistics (3PL) provider, manages more than 38 million square feet of warehouse space at 130 operations and more than $1.5 billion in transportation annually throughout the United States, Canada and Mexico.
Founded in 1898, GENCO is a privately held company with more than 10,000 employees. GENCO’s diverse range of customers, include many Fortune 500 companies in the technology, consumer, Industrial, retail and healthcare sectors, and the federal government. The company is headquartered in Pittsburgh, Pennsylvania. More information is available at genco.com.
Mericle Vice President Bill Jones coordinated the expansion with real estate brokers Brian Zurawski of Cushman & Wakefield – Summit Realty Group, Indianapolis and Steve Cooper of Cushman & Wakefield, Philadelphia.
“Humboldt Industrial Park continues to be a desired location for industrial companies,” said Jones. “We’ve completed leases in the park with three firms in recent months and are working with several other companies that are showing strong interest in our Humboldt properties.”
In addition to GENCO, Mericle has also completed leases with E.S. Kluft & Company and PECO Pallet in the park since August.
Jones said that with Mericle’s existing space in Humboldt Industrial Park filling quickly, the developer will focus its attention on converting parcels it owns in the park into Ready to Go Sites. Through its Ready to Go Program, Mericle is preparing more than 90 sites for immediate construction on 1,700 acres in 10 business parks, including two large sites in Humboldt Industrial Park.
CAN DO, Inc. President Kevin O’Donnell said, “GENCO’s expansion is yet another example of how Greater Hazleton’s great interstate access, productive workforce and availability of quality industrial real estate are a winning combination for growing industries.”