Lowe’s Home Centers said it officially signed a long-term lease for 58 Thomas J Rhodes Industrial Drive in Hamilton — a 102,575-square-foot building situated on 7.5 acres.
The facility is also known as Hub #2.
Nate Demetsky, executive vice president of JLL, co-brokered the deal for developer 58 Thomas J Rhodes Industrial Drive LLC, which was represented exclusively by Howard Applebaum, president of Corporate America Realty & Advisors. Howard Applebaum also represented the developer’s acquisition of the site in addition to being the leasing agent for the new project.
ARCO Design/Build Inc. is the construction contractor.
During the past two years, Applebaum has sold the developer an assemblage of two nearby other sites totaling approximately 8 acres, where an approximate 115,000-square-foot Class A facility (17 Thomas J Rhodes Industrial Drive, also named Hub #1) was constructed and preleased shortly after groundbreaking to A&E Clothing Inc. ARCO was also the general contractor for that project.
Some of Hub #2’s features are high ceilings, 36-foot clear, wide 54-by-51-foot bay sizes, a 60-foot speed bay and 30 tailboard loading docks and drive-ins. The building’s Thomas J Rhodes Industrial Drive location also includes other nearby prestigious companies such as FedEx Ground Air, New Penn Trucking, Yellow Corp. and XPO Logistics, helping to make it Mercer County’s logistic location.