TFP Limited



Industrial Properties

Grimes Industrial Park

GIP Ventures, LP, an associated entity, owns 31 acres of well positioned industrial real estate in the Grimes Industrial Park. The Grimes Industrial Park is home to international and regional tenants. The TJ Maxx distribution center, one of the largest industrial properties in northeast Pennsylvania (+/- 1,000,000 SF), is located in the park.

The GIP parcel is the first property in the park making for quick and easy access. The property is zoned industrial and has access to all utilities.

Location

The Grimes Industrial park is located in Pittston Township. The park is accessible via Suscon Road, which directly links to State Route 315. State Route 315 features direct access to Interstate 81 and the Pennsylvania Turnpike Northeast extension. The park also features indirect access to Centerpoint, the region's largest industrial park that features international tenants such as Lowe's and Fed Ex. Finally, the Commonwealth of Pennsylvania recently announced that the park will be directly linked to the newly renovated Wilkes-Barre/Scranton International Airport.

GIP seeks qualified tenants and will build to suit. Total build out of the site is projected to be +/- 260,000 SF. Click on "site plan" for details.

Grimes Industrial Park News

Access road project near airport moving forward

PITTSTON TWP. - After more than 20 years of planning, a $51.4 million access road project is moving forward near the Wilkes-Barre/Scranton International Airport.

The road, which would provide another link from Interstate 81 to industrial parks adjacent to the airport, is scheduled to begin in March and take two years to complete, according to the state Department of Transportation.

The current outdated interchange is considered unsafe and will be replaced with a more modern "roundabout"-style interchange, airport Director Barry Centini said.

"This access will allow the industrial parks to continue planned growth and expansions, providing more area jobs and businesses near the airport," Mr. Centini said.

The airport access road will be constructed in conjunction with the reconstruction of Exit 178, said PennDOT spokesman Michael Taluto. The project will go out for bid in the fall of 2012.

The airport owns the approximate 17 acres of land where the access road would be constructed and will maintain ownership, Mr. Centini said.

At a bi-county airport board meeting Thursday, he shared a letter he recently sent to Lori Pagnanelli of the Federal Aviation Administration asking to enter into a land easement agreement with PennDOT to construct the road on airport property and a subsequent easement with Dupont Borough to maintain the road.

The easements would preclude the land from being used directly for aviation purposes, Mr. Centini said.

The project is being funded by PennDOT, Mr. Centini said. The state Department of Community and Economic Development and local lawmakers announced last month the project received $2.4 million in gaming fund grants.

Mr. Centini said the easements, while not contributing directly to aeronautical purposes, will provide a "critical access point" from I-81 to Grimes Industrial Park and O'Hara Industrial Park in Pittston Twp., and CenterPoint East in Pittston Twp. and Jenkins Twp.

Together they have almost 9 million square feet of space and an estimated 5,500 employees, said Jim Cummings, spokesman for Mericle Commercial Real Estate Services, the developer of the fast-growing CenterPoint Commerce and Trade Park.

Mr. Centini said the developments are greatly needed in the communities surrounding the airport and will provide opportunities for the airport to work with community developers to bring manufacturers into the industrial parks that could use the airport for air cargo shipments.

"If these types of manufacturers can be enticed effectively, the roadway over airport property will be a critical link, not only to Interstate 81, but to the airport itself, providing additional aeronautical activity in the future," he said.

Mr. Centini said the road also will provide a connecting point for future development on the eastern side of the airport. The project includes the construction of a new interchange from the adjacent I-81 and state Route 315, which connects to the airport road system.

Aerials, Proposed Site Plan, and Map

Aerial Looking Easst

Looking East
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Aerial Looking West

Looking West
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Aerial Looking South

Looking South
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Proposed site plan

Proposed Site Plan
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Grimes Industrial Park
Pittston Township, PA
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