Redemtech leased 115,000 square feet of industrial space at 500 HP Way in Chester, VA. The tenant, a provider of IT asset management solutions, will occupy the majority of thesingle-story industrial building owned by Liberty Property Trust. Built in 1997, the 144,000-square-foot building, also known as, River’s Bend IV is located in the I-95 S/I-295 S/Rt. 10 Ind submarket and features 24’ clear heights for increased racking and storage capacity, a building depth of 200 feet, rear-loading docks, and ESFR sprinkler system designed especially for high bay storage. The location will be Redemtech's second regional processing and distribution facility when it moves in this December. The company provides support and services to nearly 100 Fortune 500 and Global 1000 companies throughout the United States, Canada, Europe and the UK.