Casa Grande, AZ (August 15, 2024)—Green Bay Packaging (GBP) is thrilled to announce a land acquisition near Phoenix, Arizona. The approximately 80-acre parcel is located at the NEC/SEC of Bianco and Kortsen Roads in Casa Grande.
“We are absolutely thrilled to welcome Green Bay Packaging to Casa Grande,” said Casa Grande Mayor Craig McFarland. “This investment is a testament to our city’s strategic growth and commitment to fostering a vibrant business environment. We look forward to a long and prosperous partnership with Green Bay Packaging.”
“Green Bay Packaging is excited to be a part of the great community of Casa Grande, Arizona,” said GBP Executive Vice President Bryan Hollenbach. “The surrounding markets are a growing business community that we believe will be a great fit for the future presence of a significant GBP corrugated box operation. We want to thank Newmark and Land Advisors for their help in bringing this important investment to closure.”
Newmark Executive Managing Director Si Pitstick and Managing Director Rob Stephens represented Green Bay Packaging. The seller of the site was Auza Ranches LLC, represented by Kirk McCarville and Trey Davis of Land Advisors Organization.
“Casa Grande’s rapid growth and strategic location within Arizona have made it a prime destination for companies seeking to expand or relocate,” said Pitstick. “We are proud to have played a role in bringing Green Bay Packaging to this dynamic community, where their presence will further bolster the local economy and create significant employment opportunities.”
GBP currently operates a sales and distribution office in Tempe, AZ. It is renowned for being a reputable employer with a positive company culture and a commitment to maintaining high safety standards, quality, and service in all its operations.
About Green Bay Packaging Inc.
Started in 1933, Green Bay Packaging Inc. is a family-owned, vertically integrated company consisting of corrugated container plants, a folding carton facility, recycled and virgin containerboard mills, pressure-sensitive label roll stock plants, timberlands, a paper slitting operation, and a sawmill facility. Headquartered in Green Bay, WI, Green Bay Packaging Inc. is dedicated to the innovative development of its products and forestry resources, focusing on safety, sustainability, quality, and continuous improvement throughout its over 40 facilities in 16 states. For more information about Green Bay Packaging, Inc., visit gbp.com.
About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the year ended December 31, 2023, Newmark generated revenues of approximately $2.5 billion. As of March 31, 2024, Newmark’s company-owned offices, together with its business partners, operate from approximately 170 offices with 7,600 professionals around the world. To learn more, visit nmrk.com or follow @newmark.
© August 15, 2024