Monday, October 29, 2018

Black Creek Group Announces Logistics Center in Lehigh Valley

by Steve Lubetkin
Black Creek Group, a Denver-based real estate investment manager with a history of $18.2 billion in development and acquisitions, has begun construction 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,” says 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.”

Brodhead Road will offer 36-foot clear height and 70-foot speed bays. This class A Industrial facility is in the heart of the Lehigh Valley, one of the largest Industrial hubs on the east coast. The property’s flexible design and multiple ingress/egress locations can easily accommodate single or multi-tenant lease-up, and project tenants will benefit from nearby access to two full interchanges of Route 22, offering speed to market and an easy commute for the Lehigh Valley’s abundant labor pool.

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