Build-out approved for LaserShip in EastPark at Town Center

Lay Duckworth Construction is renovating the space for a small-parcel delivery operation.


File image: LaserShip is leasing an EastPark building previously occupied by IEM Power Systems.
File image: LaserShip is leasing an EastPark building previously occupied by IEM Power Systems.
  • Columnists
  • Mathis Report
  • Share

E-commerce delivery company LaserShip is preparing to build-out in EastPark at Town Center.

The city issued a permit Nov. 8 for Lay Duckworth Construction to renovate 85,049 square feet of space for tenant LaserShip at 11902 Central Parkway at a cost of almost $64,000.

Vienna, Virginia-based LaserShip applied July 25 for a certificate of use for the building. EastPark is at southeast Beach Boulevard and Interstate 295/St. Johns Bluff Road.

The use is for small parcel delivery.

The architect is RDB Design Associates Inc.

LaserShip has been leasing about 19,000 square feet of space at 9446 Philips Highway, Unit 1, in the Interstate South Commerce Center since June 2019, according to building permits.

LaserShip, founded in 1986, says it is the largest regional e-commerce parcel carrier in the U.S. and a leader in last-mile delivery.

“For over three decades, we’ve been the leading provider of last-mile delivery services for the nation’s largest online retailers and product supply businesses,” it says in job postings.

The stand-alone EastPark building was developed in 1997. Hartz Mountain Industries of Secaucus, New Jersey, paid $4.7 million for the property Aug. 10, 2021.

IEM Power Systems, which previously leased the EastPark facility since 2011, moved to a larger location in NorthPoint Industrial Park.

Cushman & Wakefield Managing Directors Tyler Newman and Jacob Horsley represent landlord Hartz Mountain Industries Inc. in leasing the IEM building to LaserShip.

JLL Vice President Ross Crabtree represented LaserShip.

In October 2021, LaserShip and OnTrac announced they will combine to form the first coast-to-coast partnership for last-mile e-commerce deliveries.

LaserShip and OnTrac planned to begin linking their networks in 2022.

 

 

×

Special Offer: $5 for 2 Months!

Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning business news.