150 Thorn Hill Road was leased to Eos Energy Enterprises as they expand their production in Western Pennsylvania. Congratulations to our client, McKnight Realty Partners, on this significant lease in the Pittsburgh region.
Project Info:
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150 Thorn Hill Road is a 432,203 SF light industrial/distribution facility located in Thorn Hill Industrial Park. The building is fully conditioned and features functional clear heights, abundant loading, finished office space, and excellent interstate access to I-79 & I-76.
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Eos Energy Enterprises, a zinc-powered energy storage solutions provider, leased the entire 432,203 SF building with plans to use it as a new production facility.
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Genfor Real Estate represented the building owner, McKnight Realty Partners, in this lease transaction.
Impact to the local Pittsburgh Industrial Real Estate Market:
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A lease over 400,000 SF is rare in this market. This is the largest new industrial lease to locate in an existing building (non Build-to-Suit) in the last 10 years and a very impactful project for the region.
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Eos Energy Enterprises is moving its headquarters to Pittsburgh supported by a significant investment from the state of Pennsylvania to expand its manufacturing operations in the region. There will be substantial new high quality job creation and retention connected to Eos.
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This deal showcases the Western Pennsylvania region as a major hub for advanced energy storage, manufacturing, and innovation.
In The News:
Pittsburgh Business Times Article
The Pittsburgh Regional Alliance Article
The Leasing Team:
Rich Gasperini
Cell: 412-651-6888
Direct: 412-564-0752
rgasperini@genforrealestate.com
Mateo Villa
Cell: 412-715-3454
Direct: 412-564-0754
mvilla@genforrealestate.com
Connor Jangro
Cell: 412-805-7064
Direct: 412-564-0776
cjangro@genforrealestate.com
