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Tradepoint Atlantic logistics centre bags pillar tenant FedEx Ground
Tradepoint Atlantic has announced that FedEx Ground, the small-package ground delivery unit, plans to locate a new 300,000-square foot warehouse at the new logistics centre at Sparrows Point, Baltimore.
The new facility, opening in August 2017, and is part of a network of 11 major hubs and 500 other facilities since 2005, reports the American Journal of Transportation.
The new facility will join two FedEx Ground stations in White Marsh and Halethorpe serving the Baltimore area expected to employ 150 combined full- and part-time workers.
"This new facility will help us meet the increasing demand for our services, which is largely fueled by the surge in e-commerce," said FedEx Ground vice president Kevin Koken.
Said Tradepoint Atlantic CEO Michael Moore: "Having such a prestigious tenant sign a long term lease at the site demonstrates the economic impact Tradepoint Atlantic will have for the region."
Among its many attributes, Tradepoint Atlantic features a deep-water port, including a turning basin and 1,150-foot pier to accommodate heavy commodities.
It also has short-line railway which serves virtually all of the property on the site and incorporates 100 miles of track connecting two Class I railways (CSX and Norfolk Southern).
Immediate access to Interstate 695 (the Baltimore Beltway) providing easy connections to Interstate 95, I-70 and all major eastern population centre and well as close proximity to Baltimore/Washington International Thurgood Marshall Airport.
The new facility, opening in August 2017, and is part of a network of 11 major hubs and 500 other facilities since 2005, reports the American Journal of Transportation.
The new facility will join two FedEx Ground stations in White Marsh and Halethorpe serving the Baltimore area expected to employ 150 combined full- and part-time workers.
"This new facility will help us meet the increasing demand for our services, which is largely fueled by the surge in e-commerce," said FedEx Ground vice president Kevin Koken.
Said Tradepoint Atlantic CEO Michael Moore: "Having such a prestigious tenant sign a long term lease at the site demonstrates the economic impact Tradepoint Atlantic will have for the region."
Among its many attributes, Tradepoint Atlantic features a deep-water port, including a turning basin and 1,150-foot pier to accommodate heavy commodities.
It also has short-line railway which serves virtually all of the property on the site and incorporates 100 miles of track connecting two Class I railways (CSX and Norfolk Southern).
Immediate access to Interstate 695 (the Baltimore Beltway) providing easy connections to Interstate 95, I-70 and all major eastern population centre and well as close proximity to Baltimore/Washington International Thurgood Marshall Airport.
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