Advertisement

Header Utility Menu

  • Subscribe
  • Advertise
  • Contact Us
  • Events

LinkedIn Facebook Twitter Instagram Get Our App

  • Login

Virginia Business

Mobile Menu

  • Issues
  • Industries
    • Banking/Finances
    • Law
    • Real Estate
    • Economic Development
    • Education
    • Energy/Green
    • Federal Contracting
    • Government
    • Healthcare
    • Hotels/Tourism
    • Insurance
    • Ports/Trade
    • Small Business
    • Technology
    • Transportation
  • Regions
    • Central Virginia
    • Eastern Virginia
    • Northern Virginia
    • Roanoke/New River Valley
    • Shenandoah Valley
    • Southern Virginia
    • Southwest Virginia
  • Reports
    • Best Places to Work
    • Business Person of the Year
    • CEO Pay
    • COVID-19
    • Generous Virginians Project
    • Legal Elite
    • Most Influential Virginians
    • Maritime Guide
    • Site Locator
    • The Big Book
    • Virginia CFO Awards
  • Company News
    • For the Record
    • People
  • Opinion
  • Lists
  • Awards/Events
    • Women in Leadership
    • Diversity Leadership Series
    • Virginia 500
    • Legal Elite
    • CFO Awards
    • Big Book of Lists
    • 100 People To Meet
    • Best Places To Work
  • Virginia 500
    • Read The Issue
    • Order a copy
    • Buy an award plaque
    • Suggest execs for 2022

Advertisement

Header Primary Menu

  • Issues
    • July 2022
    • June 2022
    • May 2022
    • April 2022
    • March 2022
    • Issues Archive
  • Industries
    • Banking/Finances
    • Law
    • Real Estate
    • Economic Development
    • Education
    • Energy/Green
    • Federal Contracting
    • Government
    • Healthcare
    • Hotels/Tourism
    • Insurance
    • Ports/Trade
    • Small Business
    • Technology
    • Transportation
  • Regions
    • Central Virginia
    • Eastern Virginia
    • Northern Virginia
    • Roanoke/New River Valley
    • Shenandoah Valley
    • Southern Virginia
    • Southwest Virginia
  • Reports
    • Best Places to Work
    • Business Person of the Year
    • CEO Pay
    • COVID-19
    • Generous Virginians Project
    • Legal Elite
    • Most Influential Virginians
    • Maritime Guide
    • Site Locator
    • The Big Book
    • Virginia CFO Awards
  • Company News
    • For the Record
    • People
  • Opinion
  • Lists
  • Awards/Events
    • Women in Leadership
    • Diversity Leadership Series
    • Virginia 500
    • Legal Elite
    • CFO Awards
    • Big Book of Lists
    • 100 People To Meet
    • Best Places To Work
  • Virginia 500
    • Read The Issue
    • Order a copy
    • Buy an award plaque
    • Suggest execs for 2022

Home News Industries Real Estate The Meridian Group buys 277 acres in Winchester for industrial park

The Meridian Group buys 277 acres in Winchester for industrial park

One Logistics Park will have 2.8M SF

Published December 17, 2021 by Robyn Sidersky

The Meridian Group will build One Logistics Park in Winchester.

Bethesda, Maryland-based real estate investment firm The Meridian Group has purchased 277 acres of land in Winchester along Insterstate 81 and has plans to develop an industrial park on it.

The purchase price of the land was not disclosed and is not yet available from public land records.

The Meridian Group acquired the property this week from multiple sellers, including JGR Three, Hockman Investments and Governor’s Hill LLC and will develop One Logistics Park in partnership with Wickshire Industrial, along Interstate 81. It’s the first time TMG has ventured into developments outside office, residential, hotel or mixed-use properties.

The first phase of One Logistics Park to be built will have nearly 1.4 million-square-foot of industrial space spread across two facilities: a 1 million-square-foot building and a 360,000-square-foot building.

Another 100,000 square feet will include fast food restaurants and retail space, The Meridian Group said in a news release.

TMG will break ground in the first quarter of 2022 and will deliver the first project in the park in the second half of 2023, said Kyle Maurer, vice president in acquisitions at TMG.

“Companies and their customers want their products delivered faster and more efficiently than ever before. This has created incredible demand for larger warehouses that keep supply chains running as smoothly as possible,” Maurer said in a statement. “That’s why we’re diversifying our portfolio and starting with One Logistics Park, developing this property to offer world-class industrial space in an ideal location for logistics.” 

 

Subscribe to Virginia Business. Get our daily e-newsletter.

Related Stories

Virginia Business logo

Winchester industrial property sells for $12.2M

Building is 244,500 square feet

Six Staunton apartment properties sell for $6.3M

The portfolio includes 88 apartments

Five-building industrial portfolio sells for $9M

Structures are in Harrisonburg, Chesterfield County, Newport News, Virginia Beach

Trending

Need a job? Fairfax wants you

Taking the reins

CAROLYN BISHOP

Dollar Tree overhauls C-suite

EAB to expand, add 200 jobs in Henrico County

Sponsored Stories

What can Supply Chain Consultants do for me?

The Lowdown on Downloads for Your Online Experience

5 Benefits of Treasury Management Services from Atlantic Union Bank

Creating An Urban Destination in Chesapeake

Advertisement

Advertisement

Trending

Need a job? Fairfax wants you

Taking the reins

CAROLYN BISHOP

Dollar Tree overhauls C-suite

EAB to expand, add 200 jobs in Henrico County

Sponsored Stories

What can Supply Chain Consultants do for me?

The Lowdown on Downloads for Your Online Experience

5 Benefits of Treasury Management Services from Atlantic Union Bank

Creating An Urban Destination in Chesapeake

Get Virginia Business directly on your tablet or in your mailbox!

Subscribe to Virginia Business

Advertisement

Advertisement

Footer Primary Menu

  • virginiabusiness.com
  • Subscribe
  • Advertise
  • About Us
  • Contact Us

Footer Secondary Menu

  • Industries
  • Regions
  • Reports
  • Company News
  • Events

Sign Up For Our Newsletter

Sign Up

LinkedIn Facebook Twitter Instagram Get Our App

Privacy Policy Cookie Policy

Footer Utility Menu

Copyright © 2022 Virginia Business. All rights reserved.

Site Maintained by TechArk