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Clarke assumes responsibilities for the commercial services business in offices in California, Arizona, Colorado and Washington after a successful three decades of service at Transwestern.
Interstate-81 runs just 75 miles west of I-95 and gives distributors a less congested and toll-free route to move goods up and down the East Coast, JLL says.
“Space utilization and efficiencies are important to all industrial tenants today as they focus on increasing profits in a competitive market,” says Avison Young's Todd Heine, who helped Fleetwood reduce its overall space with the new lease.
A CBRE analysis found 24 conversion projects from California to Baltimore as retail closures yield industrial opportunities, including 810,000 square feet of potential conversions in Chicago.