Cascades Containerboard Manufacturing

2 Turner Place
Piscataway, New Jersey

Partner – LaSalle Investment Management
Tenant – Cascades Containerboard Manufacturing Facility
Services Provided – Owner, General Contractor, Financing, and Acquisition

Cascades Containerboard Manufacturing - Founded in 1964, Cascades Inc, is the leader in recuperation of recyclable materials and in manufacturing of green packaging products and tissue paper. The Company employs 11,000 employees who work in close to 90 production facilities located in North America and Europe.

In partnership with LaSalle Investment Managers, Greek Development is constructing a 451,800 sq. ft., cross-dock industrial building located at Turner Place in Piscataway, New Jersey. The building has the ability to be served by Plate F Rail, the heaviest commercial grade rail service available in New Jersey. Greek Development acquired the site, demolished five existing outdated manufacturing structures on the site to prepare it for development. Greek Development also successfully negotiated a redevelopment area tax incentive for its future tenant through a Payment in Lieu of Taxes (PILOT) program with Piscataway Township.

This plant will have state-of-the-art technology and will be among the fastest in the industry, allowing Cascades to provide more efficient and innovative products to its customers.