CRG Announces Industrial Development in Central Pennsylvania
YORK, PA – CRG, national real estate development and investment firm, is developing The Cubes at York, a 311,920-square-foot speculative industrial distribution warehouse in the York submarket of Central Pennsylvania. The 29-acre site is central to the I-81/I-78 Industrial Corridor.
“As we looked for opportunities to increase CRG’s footprint in this region, this site was of particular interest because it is integral to the prolific I-81 industrial corridor that is already an established center for retailers, consumer products companies and third-party logistics firms in the Eastern United States,” said CRG Senior Vice President/Partner Frank Petkunas.
The Cubes at York is the seventh industrial park of “The Cubes” brand, owned and developed by CRG in North America. Clayco will serve as the design-builder on the project and its subsidiary, Lamar Johnson Collective is the architect. Construction is expected to begin Q4 2019.
CRG is also currently developing The Cubes at Lehigh Valley, a 450,000-square-foot industrial building in Lehigh Valley, which is 60 miles west of the Port of Newark in East Allen Township, Pennsylvania.
CRG is a privately held real estate development firm that has developed more than 8,000 acres of land and delivered over 187 million square feet of commercial, industrial, institutional and multifamily assets exceeding $11 billion in value. CRG, headquartered in St. Louis, leverages a powerful North American platform with local market expertise and offices in Atlanta, Chicago, Columbus, Newport Beach, CA and Philadelphia. CRG’s philosophy of developing for the future and anticipating the enhanced needs of next generation users led to the creation of their industrial brand, The Cubes, and their multifamily brand, chapter. For more information, visit CRG’s website at www.realcrg.com
About The Cubes
The Cubes is a North American industrial brand owned and developed by CRG. The Cubes represents CRG’s philosophy of developing for the future and anticipating the enhanced needs of tomorrow’s modern industrial user. The Cubes are designed with an emphasis on sustainability, and implement state-of-the-art specifications, including maximum clear heights, dock doors and trailer storage to keep pace with the shift to consumer-centric logistic strategies. The Cubes are located on strategic sites that take into consideration both logistics and labor supply, always with the end user in mind.