Colliers announces new speculative industrial development to commence construction at the BCC
BRISTOL TWP., BUCKS COUNTY, PA — Bristol Commerce Center (BCC) announced construction will soon commence on a new 248,500 s/f speculative industrial facility on 20 of the park’s 81 acres. The ESFR sprinklered building will be ready for occupancy Q2 2019. This move comes at a time when demand is feeling the pressure from a variety of sources including growth in e-commerce and last mile deliveries closer to the inner-core. But supply has not kept pace - tenants are getting frustrated with the lack of available space for lease and user-owners are also faced with a lack of quality buildings to purchase. Recent Colliers market statistics show the second quarter 2018 vacancy rate in the Bucks County market is under 4%.