Cabinet maker takes bulk of second warehouse at expanding Ashland industrial park

by Jonathan Spiers

NorthRichmondIndustrialParkII

The 316,000-square-foot building at 12063 Washington Highway makes up the industrial park’s second phase. (Photo courtesy MacKenzie)

An industrial park in Ashland continues to fill out with hundreds of thousands more square feet of warehouse space constructed and leased.

MacKenzie Investment Group reports it has signed a lease with Georgia-based U.S. Cabinet Depot for 194,000 square feet of space in the second of two buildings it’s developed at North Richmond Industrial Park, a 75-acre park near Ashland’s southern boundary that’s planned to total 550,000 square feet.

The cabinets supplier will fill part of a nearly 316,000-square-foot building that will make up the second phase of the park. The one-story building at 12063 Washington Highway adds to a 202,000-square-foot warehouse that was completed in 2022. That initial building, at 11060 Johnson Road, was filled by Home Depot, Sentara Healthcare and flooring and countertops distributor MS International.

11060 Johnson Road Hanover

The 202,000-square-foot warehouse at 11060 Johnson Road was completed in 2022. (Hanover County property record photo)

U.S. Cabinet’s lease leaves 38 percent of the larger building available, according to an announcement from MacKenzie. The real estate development and investment arm of Maryland-based MacKenzie Cos. was represented in the lease negotiations by Jimmy Appich and Muscoe Garnett of JLL. U.S. Cabinet was represented by Jason Hetherington, Brad Lowry and Doug Tice of CBRE.

The announcement states that U.S. Cabinet plans to use the space as an East Coast distribution and logistics center and employ 60 people at the site. The company also has distribution centers in Georgia, Florida, Massachusetts, Illinois, Texas, Utah and California, with further expansion planned.

Constructed on spec, the Washington Highway building is a cross-docked distribution warehouse with 36-foot-high ceilings, 78 dock doors and four drive-in docks. The surrounding parking lot includes spaces for 240 cars and over 100 trailers.

The park site is about 20 miles north of Richmond and has nearby access to Interstate 95.

The larger building fills a 31-acre parcel that MacKenzie acquired through an LLC in March 2023. The land was previously owned by EC Real Estate LLC, an entity tied to Charlottesville-based concrete contractor Eagle Corp.

Online property records for Hanover County do not reflect a purchase amount for the transaction. The developed parcel is assessed by the county at over $6 million.

EC Real Estate also owned the neighboring 24-acre parcel where the first warehouse was built. Rounding out the industrial park site is a 20-acre parcel at 11115 Johnson Road that houses a 50,000-square-foot building constructed in 2008, and an undeveloped 8-acre parcel at 12021 Washington Highway.

A company representative said MacKenzie could build a smaller building along Washington Highway that would bring the park’s total square footage to 550,000. The company does not release development costs for its buildings.

North Richmond Industrial Park adds to other buildings in the works for Richmond’s warehouse market. On the Hanover-Goochland line near Oilville, construction is set to start this summer on Pony Farm Industrial Park, a 14-lot park on an 84-acre site off Pony Farm Road.

And on Ashland’s eastern boundary with Hanover, WestDulles Properties is planning Iron Horse Business Park, a 230-acre site proposed for either a data center campus or 1.9 million square feet of industrial space across nearly a dozen buildings.

The post Cabinet maker takes bulk of second warehouse at expanding Ashland industrial park appeared first on Richmond BizSense.

GET MORE INFORMATION

agent
Michael Grider

Agent | License ID: 0225209440

+1(804) 731-9057

1765 Greensboro Station Pl, McLean, VA, 22102, USA

Name
Phone*
Message