The property owner of the World Kitchen warehouse on U.S. 11 in Greencastle announced Wednesday the kitchenware provider has signed documents saying it will continue occupying the facility as it undergoes more than $10 million in improvements.
Matrix Development Group, which is based in New Jersey, announced in a news release that World Kitchen has signed a full-building lease for the one million-square-foot distribution facility at 1200 South Antrim Way.
Renovations will include 20,000 square feet of new corporate office space, replacement of HVAC systems throughout the facility, the incorporation of a new sprinkler system, new roofing, additional truck docks, and a new building envelope consisting of pre-cast concrete and metal panels, according to the news release.
Site work will include the expansion of trailer parking by more than 150 stalls and the allocation of land to accommodate approximately 230,000 square feet of future expansion, the news release stated.
The 70-acre lot is less than a quarter-mile from the planned Norfolk Southern rail-truck terminal and is less than one mile from Exit 3 of Interstate 81. An additional 64 acres is available for future development, Matrix Development Group stated in the news release.
“This lease will continue to provide World Kitchen with a significant presence in the Pennsylvania industrial market, particularly the I-81 South market, which is a dynamic distribution hub that features a tremendous pool of labor residing within commuting distance. ... It also puts the company within an overnight drive of one-third of the nation’s population,” Matrix Vice President James R. Murray said in the news release.
World Kitchen’s lease for the facility from the 1960s would have expired at the end of the year. Company officials were investigating the potential of relocating to Washington County, Md., or the Carlisle, Pa., areas into more modern facilities, according to documents from the Franklin County Area Development Corp.
The FCADC documents said the organization worked with the Illinois-based company to help keep its 400 local jobs in place.
Matrix officials did not immediately respond to requests for comment and World Kitchen officials could not be reached Wednesday night.
— Jennifer Fitch