CRG, developer of vacant Bathtub-area warehouse, raises $300M to develop extra space for storing nationally

CRG, developer of vacant Bathtub-area warehouse, raises $300M to develop extra space for storing nationally

CRG, an actual property funding agency that constructed a still-vacant warehouse within the Bathtub space, has raised $300 million for a fund to spend money on extra distribution facilities throughout the U.S. The corporate mentioned it expects one other $150 million from different funding autos along with the $300 million it raised for U.S. Logistics…

Planners to evaluate proposal for third warehouse in Lowhill Township

Planners to evaluate proposal for third warehouse in Lowhill Township

LOWHILL TWP., Pa. – The Lehigh Valley Planning Fee will contemplate this week a proposal for an additional warehouse in Lowhill Township, Lehigh County. Two different warehouses are already deliberate for the world alongside Route 100. The plan, topic to evaluate Tuesday and once more Thursday, is a proposed 190,960-square-foot constructing on 21.6 acres of…

Palmer Twp. residents crowd public listening to on proposed Van Buren Street warehouses

Palmer Twp. residents crowd public listening to on proposed Van Buren Street warehouses

PALMER TWP., Pa. – Tuesday’s assembly of the Palmer Township Board of Supervisors was attended by greater than 75 township residents, keen to listen to the board’s tackle two proposed warehouses on Van Buren Street. With the township’s planning fee voting unanimously at its Apr. 12 assembly to advocate denying approval of the plan, all eyes…

Proposed warehouse in Cumru will get OK for tax abatement

Proposed warehouse in Cumru will get OK for tax abatement

READING, Pa. – As half its on-the-road assembly collection, the Berks County Board of Commissioners was welcomed by the borough of Hamburg Thursday evening, with their weekly assembly happening at Hamburg Excessive Faculty. The commissioners started the on-the-road conferences within the latter portion of 2021 with conferences happening within the borough of Wyomissing after which…

Warehouse on former Ingersoll Rand web site in Phillipsburg to be shriveled, visitors

Warehouse on former Ingersoll Rand web site in Phillipsburg to be shriveled, visitors

PHILLIPSBURG, N.J. – The Phillipsburg Land Use Board authorised minor modifications to section two of the Bridge Level 78 warehouse venture Thursday night time. The brand new plan reduces the deliberate measurement of the construction generally known as “Constructing 1” from 1.8 million sq. ft to 1.25 million and reduces worker parking from roughly 1,200…