Crow Holdings at 6A at 1804 River Road in Burlington — Courtesy: Crow Holdings Development
By Joshua Burd
Crow Holdings Development has filled more than half of a new industrial building in Burlington, leasing 156,000 square feet to a subsidiary of global auto parts manufacturer GMB.
The affiliate, GMB North America, will move its headquarters and North America distribution operation from Middlesex County to the facility known as Crow Holdings at 6A. The deal at 1804 River Road comes as the developer puts the finishing touches on the 294,000-square-foot project near Interstate 95 and as its brokerage team markets the balance of the space.
Newmark’s Kyle Eaton and Rob Loderstedt represented GMB North America, whose Japan-based parent company has been in operation since 1943 and is one of the largest global original equipment and aftermarket automotive components manufacturers. Cushman & Wakefield’s Jules Nissim and Kimberly Bach with NAI Mertz’s Scott Mertz and Theresa Amato serve as leasing agents for Crow Holdings at 6A, a project spearheaded by Crow Holdings Development’s Brad Vander Vliet and Connor Jaeger.
“We welcome GMB North America to Crow Holdings at 6A; the GMB and Newmark teams have been a pleasure to work with through the lease process,” said Crow Holdings Development’s Clark Machemer, a senior managing director. “Our new tenant shares our commitment to environmental citizenship, which — combined with the property’s outstanding location — made it a clear choice for their evolving space needs.”
The developer announced the deal Thursday, noting that the building is poised to earn certification on the U.S. Green Building Council’s Leadership in Energy and Environmental Design scale. GMB and future tenants will be a short drive from the New Jersey and Pennsylvania turnpikes and 45 minutes or less from the Keystone Industrial Port Complex, Philadelphia International Airport and the ports of Camden and Philadelphia, while Newark Liberty International Airport and the Port Newark-Elizabeth.
