Crow Holdings Development’s Orange County Campus Marks Firm’s First Empire State Industrial Venture
Golden Triangle Logistics Center construction progress
WALLKILL, N.Y. (Jan. 7, 2025) — With walls up and steel installation underway, construction is progressing on track at Golden Triangle Logistics Center in Wallkill, announced Crow Holdings Development. The Class A, two-building warehouse/distribution property sits on 92 acres in the heart of Orange County and marks the company’s first New York State industrial venture.
Golden Triangle Logistics Center, located at 2 and 4 Katy Trail, is fully approved for 834,800 square feet. Situated at the intersection of I-84 and Route 17 (future I-86) just 60 miles north of New York City, the campus offers exceptional reach to more than 50 million consumers in a day’s drive. This includes superior connectivity to service the Boston to Baltimore corridor.
“Orange County has come into its own,” said Crow Holdings Development’s Brad Vander Vliet, vice president. “The Hudson Valley is a natural extension of the Northern New Jersey market, while offering rents 30% lower, greater regional connectivity characteristics, and port proximity comparable to that of Exit 8A. A strong labor pool and reasonable taxes add to its appeal.”
Vander Vliet added that the market’s progress was instrumental in Crow Holdings Development purchasing in 2024. “In the past, this region posed barriers to entry from a cost standpoint,” he said. “However, market conditions have reached a point that justifies development. For us, Golden Triangle is a strong initial investment in Orange County and New York State as a whole.”
A Summer 2025 delivery is anticipated for the property’s first, 535,600-square-foot building, which is divisible. Checking every box for modern, world-class industrial product, it features 36-foot ceiling heights, 88 dock doors, and parking for 83 trailers and 422 cars. Office space will be built to suit.
A JLL team headed by James Panczykowski and Rob Kossar is marketing the campus for lease to tenants or turnkey sale to users. Golden Triangle also includes plans for a second, 299,200-square-foot building – a prime build-to-suit opportunity.
Crow Holdings Development’s Northeast regional presence is well established. Its projects also include 2900 Grant Avenue and Crow Holdings at I-95 in Philadelphia, as well as the recently completed Crow Holdings at Carteret in Carteret, N.J., 25 Market Street in Elmwood Park, N.J., and others comprising more than 3.5 million square feet of new development in New Jersey and Pennsylvania over the past two years.
Crow Holdings Development is the development platform of Crow Holdings, a privately owned real estate investment and development firm with 75 years of history, $33 billion of assets under management, and an established platform with a vision for continued success. The company specializes in multifamily and industrial development across high-opportunity markets in the United States, with a newly launched office development platform as well. Led by a highly experienced leadership team, the firm has developed more than 72 million square feet of industrial space since 2013.
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About Crow Holdings Development
469 Bloomfield Avenue, 3rd Floor, Montclair, N.J. 07042
Media Contact:
Sandy Crisafulli / David Wilderotter
Caryl Communications
201-796-7788
sandy@caryl.com / david@caryl.com