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Phoenix & Southwest  + Phoenix  + Industrial  | 
A joint venture of Creation RE and J.P. Morgan Global Alternatives will capitalize and develop seven industrial projects across four states

Creation RE JVs with J.P. Morgan on $1B Industrial JV 

Creation RE, a real estate investment and development firm headquartered in Phoenix, and institutional investors advised by J.P. Morgan Global Alternatives launched a joint venture that will invest $1 billion in industrial, warehouse and logistics real estate projects across four states. 
 
The partners will capitalize and develop seven projects, including three that have already closed, totaling approximately five million square feet in Newark, NJ; Melville and Islandia, NY; Fort Worth, TX; and Chandler, Gilbert and Phoenix, AZ. 
 
“J.P. Morgan is an outstanding investment partner and we have assembled an extremely high-quality portfolio of projects together across the U.S. in a very short period of time,” said Josh Zemon, managing principal of Creation. “Creation has rapidly grown over the past several years with our current investment and development pipeline approaching $4 billion. We are thankful to J.P. Morgan for their partnership and excited to continue our growth together.” 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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