By Lauren Sutton CoStar Research
GMB North America, a subsidiary of global auto parts manufacturer GMB, struck a deal to relocate its headquarters and North America distribution operation from Middlesex County to a new, 294,000-square-foot industrial building Crow Holdings Development is finishing at 1804 River Road in Burlington, New Jersey.
GMB signed a 156,000-square-foot lease in the new warehouse development descriptively dubbed Crow Holdings at Exit 6A.
Japan-based GMB is one of the largest global original equipment and aftermarket automotive components manufacturers. The Crow Holdings Development team led by Brad Vander Vliet and Connor Jaeger.
The new warehouse offers access to several ground transportation arteries from Exit 6, including the New Jersey and Pennsylvania turnpikes. The Keystone Industrial Port complex is less than 30 minutes away; Philadelphia Airport, the Ports of Camden and Philadelphia are all within a 45-minute drive; and Newark Liberty International Airport and the Port of New York/New Jersey can be reached within one hour.
Crow Holdings Development’s Northeast region has been especially active. Its latest projects include the recently completed Crow Holdings at Carteret in Carteret, New Jersey, with another project, the Golden Triangle Logistics Center in Wallkill, New York, under development. According to the firm, it has built more than 4.2 million square feet of new industrial space since 2020 and currently has 1 million square feet of construction in progress across New Jersey, New York and Pennsylvania.
Crow Holdings Development is the development platform of Crow Holdings, a privately owned real estate investment and development firm with $33 billion of assets under management. The company specializes in multifamily and industrial development with a newly launched office development platform.
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