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NorthPoint Completes 1 MSF Spec Facility Near St. Louis – Commercial Property Executive

by Index Investing News
November 7, 2022
in Property
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Gateway Tradeport III. Image via Google Street View

NorthPoint Development has completed Gateway Tradeport IV, a 1 million-square-foot industrial facility in Pontoon Beach, Ill., according to St. Louis CNR Magazine. The speculative building is part of the developer’s 600-acre Gateway Tradeport master-planned industrial project, that will comprise more than 7.5 million square feet of space at full build-out. Contegra Construction Co. acted as general contractor.

Located at 1202 Tradeport Parkway, Gateway Tradeport IV comprises 112 dock doors, 45,000-pound dock levelers, efficient LED lightning, 40-foot clear heights and occupancy sensors. The single-story property is also equipped with a TPO roof, tilt-up concrete panels and includes 752 parking spots for vehicles and 264 parking spots for tractor-trailers.

The distribution complex is situated across an Amazon delivery station, at the intersection of interstates 270 and 255, 13.2 miles from downtown St. Louis. The first two buildings at Gateway Tradeport comprise 544,000 square feet each, while Gateway Tradeport III encompasses 624,000 square feet. With the fourth structure completed, the project now yields roughly 2.7 million square feet of industrial space. JLL’s David Branding is in charge of marketing the buildings for lease, according to CommercialEdge data.

In October, ITS Logistics leased more than 1 million square feet of space at NorthPoint’s upcoming Intermodal Logistics Center project in Fort Worth, Texas. The company broke ground on the development in August and the building is expected to be completed in July 2023.



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Tags: commercialcompletesExecutivefacilityLouisMSFNorthPointPropertySpec
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