PNK Group Announces Acquisition of Industrial Site in Winslow Township, New Jersey

                                                                         

Dec 17 — PNK Group has expanded its U.S. presence with the acquisition of its first site in New Jersey, located in Winslow Township. 

The 24.79-acre site will host a cutting-edge industrial facility of 300,000 square feet.

PNK’s buildings are highly versatile, designed to adapt to various needs ranging from manufacturing to storage and distribution. With ceiling heights of up to 45 feet and durable reinforced concrete structures, these facilities support the installation of heavy equipment and cranes with a lifting capacity of up to 8 tons, enabling clients to utilize the properties for a wide range of purposes.

 Conveniently located near major infrastructure hubs and offering tax benefits under the PILOT program, this new development marks an important step in PNK Group’s growth in the U.S.

PNK Group to invest $80 million in Greater Richmond

Nov 22 — Engineering and manufacturing company PNK Group will build an industrial building with more than 800,000 square feet of space

PNK Group, developer of a new generation of industrial buildings, will soon start construction of an 846,260 square-foot building on a 86.6 acres site acquired in October 2024 in Chesterfield County, Colonial Heights, Virginia. The approximately $80 million project is a modern insulated industrial building with many features and benefits that allow it to be used for either production or distribution.

According to PNK Group’s statement, the company considers entering the Virginia market as a strategic move and a solution to one of its priorities. The location for the building was not chosen by chance. Ashton Industrial Park in Colonial Heights is part of the Greater Richmond metropolitan area, and the latter is among the five cities in the Southeast U.S. with the least amount of vacant Class A industrial space.