Industrial
Greek details 287,000 sq. ft. Philly warehouse project, fast-growing development pipeline

Greek Development has expanded its footprint to Philadelphia, with plans to build nearly 300,000 square feet of new industrial space, after one of several recent acquisitions and as part of a development pipeline that currently calls for more than 2.5 million square feet.

Projects
Greek closes on $50 million permanent loan for three pieces of Logan industrial park

Greek Development has secured $50 million in permanent financing for two new industrial buildings and an adjacent trailer lot in Logan Township, in a deal arranged by JLL.

Projects
Greek closes on $50 million permanent loan for three pieces of Logan industrial park

Greek Development has secured $50 million in permanent financing for two new industrial buildings and an adjacent trailer lot in Logan Township, in a deal arranged by JLL.

Industrial
Greek files plans for 644,000 sq. ft. logistics facility at former Nabisco plant in Fair Lawn

Greek Development has revealed new details of its plan to bring modern industrial space to the former Nabisco plant site in Fair Lawn, where demolition is well underway.

Industrial
Developers, adapting to changing market, near completion of massive Linden industrial park

A sprawling industrial park in Linden is nearing completion after four years of construction, a span in which warehouse demand soared to historic highs before a recent pullback, as its developers mull plans to tap into the growing market for outdoor trailer storage.

Industrial
Home Depot takes 1.3 million sq. ft. in Monroe, amid measured outlook for N.J. industrial space

Home Depot has leased nearly 1.3 million square feet of newly built industrial space in Monroe, in a sign of continued market demand despite a shrinking appetite by e-commerce users.

Industrial
Greek announces key promotions, new hires for third-party construction team

Greek Development has announced a flurry of promotions and new hires in connection with its fast-growing, third-party construction and project management division.

Industrial
Samsung takes 735,000 sq. ft. in Linden, as N.J. industrial rents continue surge in Q3

Industrial rents in northern and central New Jersey continued to soar in the third quarter, amid ongoing demand for relatively few spaces and locations near the New Jersey Turnpike, fueling deals such as Samsung’s lease for more than 735,000 square feet in Linden.

Finance & Capital Markets
Greek, Principal ink $32 million construction loan with Provident for warehouse project

Greek Development and Principal Real Estate Investors have closed on more than $32 million in construction financing for a long-awaited industrial project in Pennsylvania’s Bucks County.

Industrial
Greek unveils new corporate HQ, addition of 17 employees in 2022

Greek Development has announced the opening of a new corporate office in East Brunswick to accommodate a business that has doubled in size since late last year.