CRG, PCCP to Develop Industrial Park in Western NJ

CRG in a joint venture with PCCP plans to develop The Cubes at Alpha, a Class A industrial park in Alpha, NJ, comprising two warehouses totaling 575,900 square feet. Completion is anticipated for the third quarter of 2025.

Located on a 37-acre site on Industrial Road, The Cubes at Alpha will feature two single-side-load buildings, one measuring 270,900 square feet and the other 305,000 square feet. “With its strategic location, modern design and access to major transportation networks, we believe The Cubes at Alpha is poised to become a premier destination for businesses looking to expand their footprint in the Northeast,” said Frank Petkunas, EVP and partner for the Northeast Region, CRG.

The project is situated in the Phillipsburg, NJ industrial node, which has recently attracted national tenants and institutional owners for its proximity to the Port of New York and New Jersey, without the costs of being right next to the port.

Michael Brennan will receive Connect CRE’s Lifetime Achievement Award and will participate in the Keynote Interview with Kevin Brennan, also of Brennan Investment Group. Join us at Connect Industrial Midwest 2025 on the afternoon of Wednesday, March 5, at Joe’s Live in Rosemont, IL, for this exclusive presentation!