The arrival of PODS helps kick off our critical expansion within this campus with the construction of a modern 250,000 square foot logistics facility that will house the PODS space as well as an additional 150,000 square foot rental opportunity for coming years. -Robert J. Trafford, OXG LLC
DEWITT, NY (PRWEB)
May 23, 2022
Index Investment Group and OX GROUP have signed a 10-year, 60,800 square foot (approximately 5,648 m2) bespoke warehouse space with PODS Enterprises, LLC at their new Venture Gear industrial campus in East Syracuse (Dewitt), NY with two five-year renewal options. A leader in the moving and storage industry, PODS offers flexible moving and storage container solutions for customers in the United States, Canada, Australia and the United Kingdom. PODS has made over six million deliveries since its inception in 1998 and currently operates out of 12 Storage Centers in New York.
This year, PODS will join PepsiCo onsite alongside the new Rolling Frito-Lay facility being built by the same owner. The historic industrial campus is now a major food-grade facility.
The new Venture Gear Industrial Campus is a 109+ acre large-scale industrial, manufacturing, distribution and logistics facility that includes over 1,703,000 square feet (approximately 158,000 m2), CSX intermodal rail access, near of 100 loading docks, an on-site sewage treatment plant, electrical substation with two transmission lines at below market rates and immediate frontage to I-90 and major freeways. The campus is at the heart of the I-90/I-81 logistics corridor in East Syracuse. The owner is currently constructing a new 250,000 square foot building with 32 foot clear ceilings, 40 foot column spacing, ESFR fire suppression and numerous additional loading docks. With PODS taking over Suite 400, the property will now begin marketing the additional 150,000 square foot suite in this new building, all for access in 2022.
“We are extremely grateful for the opportunity to continue to grow with PODS by providing a custom installation to accommodate their expansion into the Centerstate New York market. PODS will join a campus rooted in high-quality, industry-leading companies that provide opportunity, jobs, and long-term stability to this vital campus. Their arrival helps kick off our critical expansion within this campus with the construction of a modern 250,000 square foot logistics facility that will house the PODS space as well as an additional 150,000 square foot rental opportunity for years to come. to come. The complete transformation of this campus is happening, and we couldn’t be both prouder and more excited to see it all come to fruition. -Robert J. Trafford, OXG LLC
“As PODS’ national growth continues, this new storage facility provides additional space that will allow us to better serve our customers throughout the region,” said Daniel Knafo, Director of Real Estate. “Index Investment Group and OX Group have been great partners and worked alongside our teams to design this facility specifically for our operations. We look forward to the expanded space and capabilities this new location will provide.”
Index has made many significant investments in industrial/logistics facilities and multi-family rental communities along the East Coast of the United States. The Jupiter-based real estate investment firm has underway and completed twenty-five developments in North America since 2011, including nearly 3 million square feet of commercial and industrial opportunity in this upstate market. New York.
About the index investment group
Index Investment Group is a dynamic real estate investment group based in Jupiter, Florida with significant investment initiatives throughout North America including apartment communities, industrial/logistics, offices, hotels and residences for the elderly. Index Investment Group develops smartly designed properties throughout the East Coast of the United States with a focus on Florida and contributes to the community through valuable and meaningful investments. For more information about Index Investment Group, visit http://www.indexinvest.com.
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