LOGAN TOWNSHIP, NJ—Dermody Properties will develop a 152,200-square-foot, build-to-suit facility in southern New Jersey for Greenyard, a European distributor of fresh and prepared fruits, vegetables, flowers, plants and growing media.
The state-of-the-art packing and cold storage facility will be located in LogistiCenter at Logan, a 5.5 million-square-foot industrial park in Logan Township owned by Dermody Properties and Great Point Investors.
The new facility marks the first expansion of the Fresh division of Greenyard in the United States. Currently operating as UNIVEG Logistics America, the company's name will change to Greenyard Logistics USA upon completion of the new facility. The facility will serve as a packing and cold storage facility, quadrupling the company's current capacity and substantially increasing job opportunities. Seald Sweet, which belongs to the Fresh division of Greenyard and is a sister company of Greenyard Logistics USA, will also relocate its current northeast import production operations and sales offices to the new facility.
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