Keystone Trade Center Lands 518,000-SF Lease

Keystone Trade Center Lands 518,000-SF Lease

US Elogistics, a third-party logistics company based in Monroe, New Jersey, has leased 517,641 square feet—half of an industrial building—at NorthPoint Development’s Keystone Trade Center in Fairless Hills. Located at 500 Ben Fairless Drive (Building 5), the lease is part of the 1,800-acre former U.S. Steel site, according to a quarterly report from Colliers, which handles leasing for the development. The 1.04 million-square-foot building still has 518,055 square feet available. NorthPoint, based in Kansas City, Missouri, is developing a $1.5 billion logistics hub with plans for 20 warehouses totaling more than 10 million square feet, with potential expansion to 15 million square feet.

*Article courtesy of Philadelphia Business Journal

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