03/05
Logistics
The critical importance of interstate highways — and their unique abilities to link logistics infrastructure to major population centers — has catalyzed the relocation and expansion of some of the largest and most prominent corporations and logistics companies in the world. Since 2005, we have worked to identify key parcels of land along the 150-mile stretch of the I-81 Corridor from Shippensburg, PA to Harrisonburg, VA. We have developed over 4.5MM SF of Class A Warehouse/Distribution space for tenants including McKesson, Amazon, Home Depot, Fiat-Chrysler, Rubbermaid, Procter & Gamble, Lowe’s, and Geodis.
As we continue our expansion into the Carolinas and Florida, we look to grow and forge new relationships.
THE EQUUS DIFFERENCE
WE LEAD WITH VISION & EXECUTE WITH PURPOSE
From conception to completion, and into leasing and property management, we are involved in every stage of the development process. We evaluate everything from the property, location, building potential, and surrounding market to ensure that every project is fiscally sound and built to the highest standards of quality and innovation.
Industrial Development Experience
DISTRIBUTION BY THE NUMBERS
1. 495 Radio Station Road – Strasburg, VA
- Mercury Paper – 407,000 SF
2. Winchester 81 Logistics Center – Winchester VA
- McKesson – 450,000 SF
3. Stonewall Industrial Park – Winchester, VA
- Home Depot – 250,000 SF
- MFI – 80,000 SF
- Fiat Chrysler 440,000
- Rubbermaid, 287,000 SF
- 451,000 SF – Planning
- 369,000 SF – Fully Approved
4. Graystone 81 Logistics Center – Winchester, VA
- Geodis – 348,500 SF
5. Mid-Atlantic Logistics Park – Martinsburg, VA
- P&G – 356,700 SF
- Clorox – 580,000 SF
- Spec 324,000 SF Under Construction
- 369,000 – Planning
6. 95 Inland Port – Dillon, SC
- Harbor Freight – 373,100 SF
7. Virginia Inland Port – Front Royal, VA
- Fortune 500 Co.–Fully Leased 300,000 SF
8. Kings Mountain – Gaston County, NC
- Ferguson — 150,000 SF
- UTZ Quality Foods — 150,000 SF
9. Virginia Port Logistics Park – Norfolk, Virginia
- Massimo Zanetti Beverage, 350,000 SF
- GXO LOGISTICS – 350,000 SF
- Amazon – 278,000 SF
- Dart Logistics – 307,200 SF
- Fortune 500 – 1,519,000 SF Build to Suit
- Confidential – 150,000 SF Build to Suit
10. RDU Portfolio – Raleigh-Durham Area
- 2,620,000 SF – 53 buildings
- 290,000 SF in Planning – 5 buildings
11. I-40 Industrial Center – Greensboro, NC
- Spec – 340,000 SF
12. Florida Gulf Coast 75 Logistics Center – Punta Gorda, FL
- Spec – 378,000 SF
Shippensburg Logistics Center
Shippensburg 81 Logistics Center is ideally located along I-81 at the Exit 29 Interchange. Equus identified the Shippensburg property and worked with 3 property owners to acquire the land, which was partially zoned for commercial uses, partially zoned for residential uses, accessed through a defunct municipal waste dump and constrained by a poorly functioning Interstate interchange.
Equus worked alongside the local Township, the state DEP and the state DOT to entitle and develop a 1.1 million SF Warehouse/Distribution facility. Improvements to the property and local road network included the clean-up and cap of the municipal waste dump, the signalization and road improvements to the Exit 29 Interchange, and the relocation of a Township Road to provide for safe access to and from the Equus development site.
The Shippensburg 81 Logistics Center is a 1,100,500 SF, Cross Docked, 36’ Clear Height, Pre-Cast Concrete warehouse/distribution center with 50x 50 bay spacing, LED High Bay lighting, ESFR Sprinklers, 189 Dock Locations, and over 600 Trailer Parking Spaces. The building is fully leased to Lowe’s.
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Shippensburg 81 Logistics
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Shippensburg 81 Logistics
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Shippensburg 81 Logistics
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Shippensburg 81 Logistics
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Shippensburg 81 Logistics
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Shippensburg 81 Logistics
Plygem Industries Warehouse Distribution Center
Plygem BTS is a 400,000 SF Class A warehouse facility located in Waynesboro Virginia. The 44-acre parcel, acquired in September of 2022, is located within 5 miles of access points to I-64, providing excellent access to I-81, the primary industrial corridor of the east coast of the United States. It was constructed for Ply Gem Industry Inc, a brand that manufactures windows and vinyl siding. This development serves as their main distribution facility for Ply Gem products produced in nearby manufacturing facilities.
The Plygem Industries Build-to-Suit is a 400,000 SF, rear-load, 32’ clear height, pre-cast concrete warehouse distribution center with 50 x 50 interior bay spacing and 50 x 60 exterior bays, ESFR sprinklers, LED high bay and dock lighting, 30 dock doors, 3 drive in doors, 180 trailer parking spaces, and over 90 car parking spots. The building is fully leased to Ply Gem Industries Inc.
Guilford College Road, Greensboro, NC
104 Guilford College Road is a 340,750 SF Class A warehouse facility located in Greensboro, NC. The 37.4-acre parcel, closed on in May of 2022, is strategically located near the convergence of I-40 and the Greensboro Urban Loop providing excellent connectivity to interstates I-73, I-85, I-785, I-840 and U.S. 421. The Site is easily accessible to the immediate Triad region, as well as to other major markets in the region. It was constructed on a speculative basis as the Greensboro market was tightening, sustaining rapid absorption and underserved by institutional quality warehouse product. Construction began in late 2022 and was completed in in January of 2024.
104 Guilford College Road is a 340,750 SF, rear-load, 36’ clear height, pre-cast concrete warehouse distribution center with 60’ x 50’ speed bays, ESFR sprinklers, LED high bay and dock lighting, 46 dock doors, 2 drive in doors, 49 trailer parking spaces, and over 221 car parking spots. The building also features 2,497 SF of office space.
Punta Gorda, FL (Charlotte County)
9450 Piper Road, Punta Gorda, FL is a 378,000 SF Class A warehouse / distribution center located within the rapidly growing North Port-Sarasota Florida CSA. It sits on a 40-acre site adjacent to I-75, the major arterial highway on the western coast of Florida with Northbound destinations of Tampa, Atlanta, Cincinnati, and Detroit. 9450 Piper Road was constructed on a speculative basis with the belief that significant barriers to entry for future development as well as strong population growth in surrounding areas justified the development.
The property is a 378,000 SF, rear-load, 32’ clear height, pre-cast concrete warehouse distribution center with 50’ x 60’ speed bay, ESFR sprinklers, LED high bay and dock lighting, 38 dock doors plus 16 knockouts, 2 drive in doors, 74 excess trailer parking spaces, and over 322 car parking spots. Construction was completed in mid-2023 and leasing of the space is underway.
STONEWALL INDUSTRIAL PARK
After completing nearby Build-to-Suit projects for Mercury Paper in 2009 and McKesson Pharmaceuticals in 2014, Equus identified and purchased 52 acres of underutilized land in the existing Stonewall Industrial Park.
The Stonewall Industrial Park began development over 40 years ago and included small industrial properties in the 25,000 to 50,000 SF range typical of small rural industrial parks dating to the 1980’s. The Park is well located along I-81 and also within 15 minutes from the Virginia Inland Port (VIP). The VIP is a key feature of the Virginia Ports infrastructure, linking the Winchester/Front Royal markets directly with the Virginia ocean ports by way of a Norfolk Southern rail line. Many tenants in the Winchester region, including Home Depot and Geodis, depend upon the VIP as part of their Mid-Atlantic supply chain network.
Equus identified the Park as a key location for Mid-Atlantic warehouse/distribution users. After purchasing the first of two land parcels in the Park in 2015, Equus began speculative construction on a 330,000 SF warehouse/distribution facility. By the time construction was complete, the building, Stonewall I, was leased to Home Depot and Max Finkelstein Inc., and construction was well underway on Stonewall II, a 400,000 SF Build to Suit for Fiat Chrysler’s MOPAR division.
While the Fiat-Chrysler BTS was still under construction, Equus purchase a 20-acre parcel across the street from Stonewall I and II. Speculative construction began in 2017 on Stonewall III, a 287,000 SF warehouse/distribution facility. Equus signed a full building Lease with Rubbermaid Commercial Products in June of 2018, with completion of construction and occupancy by Rubbermaid shortly thereafter.
Stonewall I, II, and III total 1,017,000 SF and each building is 100% Leased. The Stonewall warehouses are all 32’ clear, with Pre-Cast Concrete Walls, ESFR Sprinkler systems, T5 or LED High Bay lighting, Heavy Duty Concrete truck aprons and full depth truck courts with ample trailer parking away from the buildings.
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Stonewall Industrial Park
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Stonewall Industrial Park
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Stonewall Industrial Park
DILLON, SC
Equus identified a 30-acre property in Dillon, South Carolina at the end of 2018 with excellent access to I-95, a short 1 mile drive to the Inland Port, and directly adjacent to over 3MM SF of warehouse/distribution space occupied by Harbor Freight Tools.
Equus started construction of a 373,000 SF warehouse/distribution facility in early 2020 and delivered the building with a full building Lease in place to Harbor Freight Tools in Q1 2021.
