PNK Group Expands Its Footprint with New Industrial Site Acquisition in New Jersey
In a strategic move towards enhancing its operational capabilities in the United States, PNK Group has announced the acquisition of a significant industrial site located at 7 Waterford Road, Winslow, New Jersey. This marks the company’s first foray into New Jersey, underscoring its commitment to expanding its network and improving logistics and infrastructure across key regions. The newly acquired site encompasses an impressive 24.79 acres, where PNK Group intends to develop a state-of-the-art industrial facility, with a considerable footprint of approximately 300,000 square feet.
The focus of PNK’s construction is to create versatile buildings designed to cater to diverse industrial needs, including manufacturing, storage, and distribution. One of the architectural highlights of these buildings is their impressive ceiling heights, reaching up to 45 feet and featuring durable reinforced concrete structures. Such specifications allow for the installation of heavy machinery, including cranes with a lifting capacity of up to 8 tons, making these facilities adaptable for a wide array of industrial applications.
Utilizing a construction method known as Building Assembly Set (BAS), PNK Group values simplicity and efficiency in its building processes. This system uses standardized large-format blocks, all produced at PNK's manufacturing plants in Georgia and Pennsylvania, which enables the streamlining of construction, thereby surpassing the industry’s average timelines. PNK’s innovative approach not only reduces labor intensity but also minimizes the reliance on heavy machinery, optimizing the entire building assembly process.
The Winslow Township site is strategically located near major transport links, including NJ-73 and the Atlantic City Expressway, providing exceptional access to vital infrastructure hubs such as the ports of Philadelphia, Newark, Baltimore, and Wilmington. This strategic positioning is further amplified by the region's demographic, housing approximately 35 million people within a 150-mile radius, encompassing major metropolitan areas such as New York, Washington, and Philadelphia. Consequently, this location is poised to serve as an optimal hub for logistics, manufacturing, and distribution services.
Moreover, PNK Group is eager to advertise the significant tax benefits associated with the site's participation in the PILOT (Payment in Lieu of Taxes) program, appealing to prospective tenants seeking to establish operations in this burgeoning area. The company continues to demonstrate its vigorous pursuit of land acquisition, as evidenced by recent purchases in Sterling, PA (65.5 acres), Barnesville, PA (197 acres), and Richmond, VA (86.6 acres).
Acknowledged as a trailblazer in engineering and manufacturing, PNK Group is committed to spearheading technological innovations in the realm of industrial construction. Their novel construction methodologies are setting new benchmarks, galvanizing a change in the industrial landscape as they prioritize efficiency and adaptability in their building projects. As construction progresses at this pivotal site in Winslow Township, PNK Group is clear in its vision – to lead the charge in shaping the future of industrial infrastructure in the United States. The company invites interested parties to learn more about these exciting developments and potential opportunities for collaboration.
For further inquiries or to explore opportunities with PNK Group, interested parties can reach out to Mark Stiles at PNK Group via email at [email protected] or by phone at +1 (646) 517 7915. More details can be found on their website at https://pnk.group.