NEW PENN JERSEY HQ COMPLETE

by admin

PHILADELPHIA — Construction is complete for the new headquarters and distribution center for Penn Jersey. The 255,336-square-foot building is located on 30 acres at 9355 Blue Grass Road in Philadelphia. A joint venture between Dermody Partners and Great Point Investors developed the project as a build-to-suit for Penn Jersey, which is leasing it for a 15-year term. The building has been submitted for LEED-Silver certification. Blue Rock Construction was the project's general contractor. The CB Richard Ellis team of Steve Marzullo, Patrick Green and Michael Mullen represent Penn Jersey in the lease arrangement.

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