50 Veronica Ave. in Franklin Township
By Joshua Burd
Crow Holdings Industrial has bolstered its Northeast team with the addition of a veteran development executive in the region.
The firm, the industrial development arm of Dallas-based Crow Holdings, announced that it has hired Johanna Chervak as its vice president of the Northeast region. She will spearhead projects in New Jersey and Pennsylvania — with a specific focus on the company’s expansion into the Lehigh Valley — reporting to Northeast Senior Managing Director Clark Machemer.
Chervak joins the firm after more than two decades at Rockefeller Group, which was also Machemer’s former home before he joined Crow Holdings Industrial.
“I’ve worked with Johanna for many years and have always been impressed by her tenacity, professionalism and ability to manage even the most complex intricacies of large-scale real estate development projects,” Machemer said. “We are already eyeing some very exciting properties in Pennsylvania that Johanna will be instrumental in developing, and we’re confident in her ability to help us continue our strong momentum across our entire Northeast operation.”
Chervak most recently served as Rockefeller Group’s director of real estate development, where she oversaw projects totaling 4 million square feet, including a state-of-the-art FedEx distribution hub in Allen Township, Pennsylvania. It was among several high-profile projects that she managed during her tenure.
The key addition comes two and a half years after Crow Holdings Industrial opened its Northeast office, tapping Machemer to lead its expansion in the region. The Montclair-based team recently completed construction of a 925,000-square-foot warehouse at 50 Veronica Ave. in Franklin Township, which it leased to LG Electronics USA and subsequently sold for $164 million.
“Under Clark’s leadership, Crow Holdings Industrial has already completed one banner project and built up a strong development pipeline, and I’m thrilled to join such a talented group of professionals to identify new opportunities, chart new territory and lead the company into new geographies,” Chervak said. “As our world continues to move to an e-commerce economy, which has only been intensified by the current pandemic, there’s tremendous demand today for industrial space. I couldn’t be more excited to work at a storied firm like CHI, which approaches all of its projects with a unique level of integrity and expertise.”
Crow Holdings’ other recent hires in the Northeast include Development Associate Brad Vander Vliet and Development Analyst Axel Anderson.
Crow Holdings inks $164 million sale of new 925,000 sq. ft. warehouse in Franklin
