Neovia Logistics Services LLC, a third party logistics provider, has signed on to be a tenant at a 406,000-square-foot build-to-suit being constructed by CenterPoint Properties at the CenterPoint Intermodal Center in Joliet.
CenterPoint is constructing the facility on 30.5 acres of land, and Neovia will occupy the facility upon construction completion in summer 2014.
The cross-loaded distribution facility will feature approximately 11,000 square feet of office space, a 32-foot clear height, 100 dock doors and 300 trailer stalls. The 300-foot building depth reduces dock-to-dock travel time, providing a throughput advantage for transload clients, according to CenterPoint. 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,” said 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.
“This project will add a functional, high-velocity building into the park, which is well-suited for an inland port location,” said Brian McKiernan, senior vice president of development. “The relocation will provide Neovia the larger space required to run their business efficiently from a state-of-the-art CenterPoint property.”
Steve Rubin, Neovia’s corporate real estate manager, Thomas Bartlett-Svehla, Jim Jennings and Anthony Petropoulos of Neovia’s legal team worked 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.
