TOBYHANNA, PA – Mapletree Investments (“Mapletree” or “the Group”) has acquired a 37.64-acre site at 1180 Corporate Center Drive East in Tobyhanna, Pennsylvania, located adjacent to its existing 1.3 million-square-foot (“sq ft”) industrial asset at 2086 Corporate Center Drive West. The Group plans to develop a 420,262-sq ft, state-of-the-art logistics facility on the site. Completion is expected in Fall 2026.
“We are executing a disciplined growth strategy for our United States (US) logistics portfolio through targeted development. Our current pipeline reflects a broader commitment to creating long-term value by delivering premium, purpose-built facilities in key markets that meet the evolving needs of a diverse range of space users,” said Richard Prokup, Chief Executive Officer, US, Mapletree.
Chiagorom Osu, Head of US Logistics Development at Mapletree, added: “This latest acquisition in Tobyhanna adds to our growing pipeline and reflects our strategy to expand in markets where we already have a presence and see potential for long term growth. The facility will target LEED Silver certification and feature 40-foot clear heights, 64 dock doors, 64 trailer stalls and 189 parking spaces.”
Strategically located near Exit 3 of I-380, with direct access to I-80 and strong connectivity to the greater New York metro area, the site offers a convenient gateway to regional and national distribution networks.
Mapletree currently owns and manages approximately 2.5 million sq ft of industrial assets across Pennsylvania. These holdings contribute to the Group’s broader US logistics footprint, which totals over 66 million sq ft. This closing adds to a series of development milestones that Mapletree has recently achieved across the US.
The Group acquired an 18.11-acre site on Vetter Road in Chicago’s Joliet submarket in May 2025, where it plans to develop a 276,000-sq ft logistics facility. Located along the I-80 and I-55 interchange, the site provides direct connectivity to the Joliet Intermodal Center — North America’s largest inland port — home to both the Union Pacific and BNSF Joliet Intermodal Terminals.
The previous month, in April 2025, Mapletree received subdivision and site plan approval to construct a 149,100-sq ft logistics facility on an 8.2-acre parcel adjacent to its existing 400,000-sq ft warehouse at 1350 Munger Road in Chicago’s North DuPage submarket. Groundbreaking is anticipated in late summer 2025.
In July 2025, Mapletree broke ground for a 250,000-sq ft industrial facility in Westampton Township, New Jersey. Situated on a 22.5-acre site along Burlington-Mount Holly Road, the planned facility is located near major transportation arteries, including the New Jersey Turnpike, airports and seaports, making it well-positioned to serve as a distribution center and last-mile delivery hub.
Also underway is the 53,995-sq ft expansion of Mapletree’s facility at 350 Gills Drive, located just 10 miles south of downtown Orlando. Once completed in late 2025, the site will total 204,540 sq ft of high-quality logistics space.
As a global leader in logistics, Mapletree owns and manages approximately 251 million sq ft of logistics assets worldwide as of December 2024. Since entering the US real estate market in 2014, the Group has built a diverse portfolio spanning logistics, data center, office, student housing and multifamily properties. As of March 31, 2025, the US accounted for approximately 25% of the Group’s total assets under management, valued at ~US$60.1 billion (S$80.3 billion).
Mapletree plans to develop a 420,262-sq ft logistics facility at 1180 Corporate Center Drive East.
The facility will feature 40-foot clear heights, 64 dock doors, 64 trailer stalls and 189 parking spaces.
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