Tuesday, October 2, 2018

Black Creek Group Breaks Ground on 514,000-SF Logistics Facility in Bethlehem, PA

Denver-based Black Creek Group, an investment management and development firm, broke ground on Brodhead Road, a 514,000-square-foot speculative logistics facility in Bethlehem, Pennsylvania.

Plans for the single-story structure at 2858 Brodhead Road call for 55 loading docks, four drive-in bays, 50- by 56-foot column spacing and a 36-foot clear ceiling height.

“The Lehigh Valley industrial market is a key logistics area within easy reach of the heavily populated Mid-Atlantic, New York Metropolitan and New England regions. 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,” said David Fazekas, managing director of Black Creek Group, in a statement.

Black Creek Group has bought or built approximately $18 billion of investments over its 25-year history, according to its website.

The project, which spans north of 37 acres, is slated to deliver by the second quarter of 2019.


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