PNK Group Secures Long-Term Lease with ModCorr in Pennsylvania
PNK Group, a key player in industrial development, has recently finalized a significant long-term lease agreement with ModCorr, LLC. This deal pertains to a substantial 252,282-square-foot industrial facility strategically located at 89 Enterprise Blvd in Allenwood, Pennsylvania. This site is part of the PNK Park Allenwood, nestled within the Great Stream Commons industrial park. The leasing process was expertly managed by Lee Associates, a brokerage firm known for connecting companies with prime real estate opportunities.
ModCorr, a company specializing in the rapid production and installation of modular units, will be utilizing this facility, referred to as PNK Allenwood 4. The purpose of this acquisition is to bolster ModCorr's capabilities to serve its client base in the Northeast and Mid-Atlantic regions effectively. Buddy Jones, the President of ModCorr, expressed enthusiasm regarding the space, stating, “This is a key facility that will allow ModCorr to continue to expand and service our Northeast and Mid-Atlantic Regions. PNK provided a perfect building in a perfect location.”
The resources and layout of the PNK Allenwood 4 are designed to meet the rigorous demands associated with modern manufacturing operations. Ideally located a mere six miles from Interstate 80, it offers seamless access to major transportation routes like I-80, I-180, and Route 15, ensuring that logistical operations will be smooth and efficient.
In addition to PNK Allenwood 4, there remains another expansive facility available for lease at the park. This additional space, known as PNK Allenwood 5, encompasses 478,388 square feet and features an impressive 104 dock doors. Furthermore, it boasts direct rail access to streamline logistical operations and is enhanced by Keystone Opportunity Zone (KOZ) tax incentives applicable until 2027. The features integrated into this facility provide advanced support for a variety of manufacturing applications, illustrating PNK Group’s commitment to delivering top-notch industrial spaces.
PNK Group's construction approach utilizes pioneering technology that enables a rapid and efficient building process, significantly reducing the time and resources required compared to traditional construction methods. Their unique construction model includes the assembly of large modular components produced at their manufacturing facilities located in Georgia and Pennsylvania. This method provides flexibility, allowing their buildings to be adapted for various purposes, from production to distribution.
About PNK Group, they pride themselves on engineering and delivering innovative solutions for industrial development. Their building assembly system, which employs large-scale modular units, allows for a streamlined, precise, and efficient construction methodology. This forward-thinking approach not only mitigates the requirement for extensive manpower and heavy machinery but also revolutionizes the possibilities in industrial real estate development.
For media inquiries, PNK Group can be contacted through Mark Stiles by phone at +1 (646) 517 7915 or via their official website at
pnk.group. Their office is located at 17 State Street, Suite 3930, New York, NY 10004.