CGC Holdings begins construction on new facility
CGC Holdings Inc., the parent company of G. Cefalu & Bro. Inc. and Capital Produce Co., has signed a full-building lease for 160,000 square feet of space within the Baltimore-Washington Logistics Center in Jessup, MD.
Groundbreaking is scheduled for Nov. 13 on a new state-of-the-art building that will support the headquarters and operations of the two entities involved with the distribution of fresh produce, seafood and dairy in the Mid-Atlantic region.
The new facility, which is expected to be completed in June 2016, will initially house approximately 250 employees, with plans to expand to 350 within the next several years.
“Total revenue and employment has expanded approximately 400 percent since moving into our current facility in 2004, and to support continued growth and momentum it was critical to identify a significantly larger facility,” Mark Moderacki, president of CGC Holdings, said in a press release. “We were attracted to the Baltimore-Washington Logistics Center based on its close proximity to our existing facility less than one-quarter of a mile away, the existence of a sophisticated highway network that will facilitate deliveries up and down the Eastern Seaboard and the presence of a talented and skilled workforce to supplement our existing team. With expansive parking and easy access, this site is equally convenient for the customers that visit to purchase product daily.”
Manekin LLC in conjunction with Manekin Construction will deliver a modern tilt wall built to suit facility in Q2 2016. The new facility will include an advanced ESFR fire suppression system, LED lighting, sophisticated multi-zone freezer/cooler areas and various energy saving systems. The site will also integrate ample employee and fleet parking.
G. Cefalu & Bro. Inc., founded in 1904 and Capital Seaboard, founded in 1956, informally merged in 2004 when the entities collectively occupied a location at 8005 Rappahannock Ave. in Jessup, and officially joined in 2013 through the CGC Holdings ownership. Third and fourth generations of the Cefalu and Goeller families are actively involved in the business operations. The companies provide fresh produce through partnerships with nationally recognized, high-quality brands, a full variety of seafood as well as a full array of dairy products for its wholesale, retail and foodservice operations.
“G. Cefalu & Bro. Inc. and Capital Seaboard are market leaders in their respective industries and securing these well-managed companies on a long-term basis is extremely significant to Baltimore-Washington Logistics Center,” Owen Rouse Jr., senior vice president of capital markets for Manekin LLC, said in the release. “This lease jumpstarts our activity at the project and validates our decision to purchase the former Giant Food warehouse earlier this year and implement our redevelopment strategy. We are aware of numerous warehouse and logistics uses in the marketplace currently and are actively presenting this site to various industries and end-users.”
”Given where we are in the permitting phase of the project, we are able to offer design flexibility to users,” John Graham, managing director of Manekin Advisors, said in the release.
The Baltimore-Washington Logistics Center is designed and being redeveloped to offer more than 1 million square feet of institutional quality class “A” logistics space. Located at MD Route 175 and I-95 in the heart of the Baltimore Washington Common Area, recognized as one of the most affluent and fastest growing major markets in the United States, BWLC offers modern high bay functionality on 60 acres providing ample trailer storage and lay-down space to accommodate the modern logistics users in global supply chain.
Manekin LLC, headquartered in Columbia, MD, is a commercial real estate development and investment company focused on creating and maintaining long-term value in commercial office, distribution/warehouse buildings, healthcare facilities and retail centers. The firm in conjunction with its stable of institutional partners, offers a complete slate of development, construction, and investment management services in the Mid-Atlantic region.