EQT Real Estate has acquired Scranton North Logistics Center, a recently constructed logistics facility located in Olyphant, Pennsylvania.
JLL’s John Plower, Ryan Cottone and Zach Maguire represented the seller in the transaction. Delivered in 2023, the property spans 1 million square feet and features modern specifications, including 40-foot clear heights, a 600-foot building depth, a 185-foot truck court, 233 trailer stalls, and 163 dock-high doors, along with four additional drive-in doors.
Designed for cross-dock operations, the facility also includes minimal office buildout and full truck circulation. It is fully leased to an investment-grade tenant and serves as an inbound cross-dock node for inventory distribution to regional fulfillment centers. The property is strategically located at 1300 Corporate Way in Olyphant, approximately one mile from US Route 6 and five miles from the confluence of Interstates 81 and 84.
