Academy Distribution Center Katy
US - Katy, TX
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer for sale the fee-simple interest in a TireHub distribution facility (the “Property” or “Asset”) located 65 miles northwest of Philadelphia in Allentown, Pennsylvania. TireHub was established in 2018 as part of a 50/50 joint venture between the two top tire manufacturers, Bridgestone and Goodyear, to create a nationwide distribution network to meet the ‘real-time’ demand customers required.
Tirehub – Allentown is located within 250 miles of approximately 62 million people and a two-hour drive of New York City, Boston, Philadelphia, and Baltimore, making the asset vital to reaching the Bridgestone and Goodyear tire dealerships and distribution networks.
This offering presents the opportunity to acquire a mission-critical distribution facility backed by the top two tire manufacturers in the world in a high growth Lehigh Valley industrial market.
MISSION CRITICAL DISTRIBUTION FACILITY IN HIGH GROWTH INDUSTRIAL MARKET
REDEFINING MARKET LEADING TIRE DISTRIBUTION TENANCY
NET LEASE STRUCTURE WITH LONG-TERM SITE COMMITMENT