GMB North America, a subsidiary of Japanese auto parts maker GMB, will relocate its North American headquarters from Dayton in Middlesex County to Crow Holdings at 6A in Burlington after signing a lease for 156,000 square feet with Crow Holdings Development. The deal comes as Crow Holdings puts the finishing touches on the new, 294,000-square-foot, Class A industrial building at 1804 River Road.
Newmark’s Kyle Eaton and Rob Loderstedt represented GMB North America in the transaction. Cushman & Wakefield’s Jules Nissim and Kimberly Bach with NAI Mertz’s Scott Mertz and Theresa Amato serve as leasing agents for Crow Holdings at 6A.
Japan-based GMB, operating since 1943, is one of the largest global original equipment and aftermarket automotive components manufacturers.
Crow Holdings at 6A features wide-scale and last-mile distribution. The facility is poised to earn LEED certification, reflecting Crow Holdings Development’s advocacy for green building and design sustainability strategies. The firm’s Brad Vander Vliet and Connor Jaeger led this development project.
“Our new tenant shares our commitment to environmental citizenship, which – combined with the property’s outstanding location – made it a clear choice for their evolving space needs,” said Crow Holdings Development’s Clark Machemer, senior managing director.
Crow Holdings at Exit 6A is 13 miles from the New Jersey Turnpike. The Keystone Industrial Port Complex is fewer 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 other footprints in the Northeast include its recently completed Crow Holdings at Carteret in Carteret, and the Golden Triangle Logistics Center in Wallkill, N.Y., that is under development.
Crow Holdings Development is the development platform of 75-year-old Crow Holdings, a privately owned real estate investment and development firm with $33 billion of assets under management.
