RUTHERFORD, N.J., Sept. 27, 2018 (GLOBE NEWSWIRE) -- Black Creek Group, a Denver-based real estate investment manager with a history of $18.2 billion in development and acquisitions, today announced that construction is underway on a 514,000-square-foot logistics facility in Bethlehem Township, PA. Black Creek Group chose the Brodhead Road site for the new logistics warehouse because of its strategic access to population centers up and down the Eastern Seaboard.
“The Lehigh Valley industrial market is a key logistics area within easy reach of the heavily populated Mid-Atlantic, New York Metro and New England regions,” said David Fazekas, managing director for the Eastern Region of Black Creek Group. “The Brodhead development not only offers an excellent location with visibility from Routes 22 and 191, it will also benefit from the area’s well-educated labor force.”
The facility is flexibly designed to accommodate single or multiple tenants and is expected to be complete during the second quarter of 2019.
For information regarding leasing please contact John Van Buskirk of Lee & Associates of Eastern Pennsylvania LLC at either jvanbuskirk@lee-associates.com or 717-208-8671.
About Black Creek Group: Black Creek Group is an experienced real estate investment management and development firm that has bought or built approximately $18 billion of investments over its 25-year history. The company manages diverse investment offerings across the spectrum of commercial real estate – including office, industrial, retail and multifamily. The company has nine offices across North America with more than 300 professionals. Black Creek Group offers a range of investment solutions for both institutional and wealth management channels. More information is available at www.blackcreekgroup.com.
Contact: Greg Joslyn
greg.joslyn@lowecom.com
The Lowe Group
414.376.7275