FAIRLESS HILLS, PA—GMA Garnet USA, a miner and processor of industrial garnets, has renewed and expanded its lease in the Keystone Industrial Port Complex in Fairless Hills, about 22 miles outside Philadelphia.
Greg Barra, CCIM, with Boyd Commercial/CORFAC International in Houston, TX and Michael Bartolacci in The Garibaldi Group/CORFAC International's Lehigh Valley (Bethlehem, PA) office jointly represented GMA Garnet USA in the transaction.
GMA Garnet USA leased 166,656 square feet in the T3 building at Keystone Industrial Port Complex. GMA Garnet had previously occupied 77,376 square feet at the industrial complex, which is served by a deep water port on the Delaware River, and which has access to Routes 1, 95, 295, New Jersey and Pennsylvania Turnpikes.
GMA Garnet owns and operates the world's largest industrial garnet mining and processing operation – based in Western Australia. GMA Garnet clients use the mineral for blast cleaning, water-jet cutting of metals and other material, plus other industrial purposes.
GMA ships approximately 10,000 ton parcels of garnet in loose bulk to the Keystone Industrial Port Complex facility for storage. From there the garnet is run through a quality control processing and packaging plant. GMA Garnet also intends to construct a large scale garnet recycling plant at the facility.
According to Barra, GMA Garnet is expanding its business operations throughout the US by opening recycling facilities to clean and repurpose the garnet it supplies to customers. The company brings shiploads of the pink garnet sand – a very hard mineral, and stores the garnet in piles in industrial buildings like the one at the KIPC facility. From there it packages the mineral in 1.75-ton super-sacks or much smaller, 55-pound bags, before shipping.
Barra has represented the company in leasing industrial space in Reserve, LA (near New Orleans) and Stockton, CA, other port-served markets that enable the company to bring its raw product to the U.S., then process and distribute it to customers throughout North America.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
