Devon USA has broken ground on the development of a 320,853- square-foot, high-bay distribution building (Building D) located at 11600 North Lakeridge Parkway within the Enterchange at Northlake Industrial Park in Ashland.
Devon USA is a Richmond-based real estate developer, owner and investor with a diverse portfolio of assets in the Southeast and Midwest United States. It has constructed and/or renovated over 5.3 million square feet of commercial space since 1980, and currently owns distribution warehouses, multifamily communities, industrial development land and agricultural land.
Construction is expected to be complete at its new building by summer of 2017. According to Cushman & Wakefield | Thalhimer, the leasing agent for the project, the building will offer a 32-foot clear height ceiling, ESFR wet sprinkler system and cross dock loading.
