J.A. Green Development Corporation Acquires 92 Acres in Jetplex Industrial Park

J.A. Green (JAG) Development Corporation, a Connecticut-based real estate developer, has announced the purchase of 92 acres in Jetplex Industrial Park South to build approximately one million square feet of office and warehouse space. One hundred thousand square feet will contain a cross-dock, air-cargo, and distribution space. JAG has the option of purchasing an additional 90 acres of property, which would yield the development of an additional one million square feet of office and warehouse space, immediately adjacent to Huntsville International Airport.  

Founded in 1941, JAG began as a developer of single and multi-family homes and later evolved into a full-service real estate development company, constructing apartment buildings, office buildings, and retail stores throughout the New York metropolitan area. JAG further evolved into an integrated real estate development company which owns, develops, and manages office/warehouse buildings immediately adjacent to several major U.S. airports, including John F. Kennedy International Airport, Dallas Fort Worth International Airport, George Bush Intercontinental Airport, and Seattle-Tacoma International Airport.

JAG has a unique business philosophy to deliver a "turnkey" facility tailored to meet the specific needs of its customers. The company acts as its own general contractor in the construction and design of its buildings, as well as its own leasing and management agent.

"With the explosive growth not only of the city of Huntsville but also of the entire Tennessee Valley region, we recognized the need to provide additional commercial real estate to meet the requirements of today's freight forwarding industry within this community," said Daniel Green, President, JAG. "We are excited to expand our operations to the Southeast and anticipate a solid partnership with the Port of Huntsville.”

According to Jeff Sikes, Chairman, Board of Directors, Port of Huntsville, "JAG has built a reputation as an industry innovator and has set the standard in facility design and operating efficiency. We are extremely pleased to welcome JAG as the newest developer within the Jetplex Industrial Park. JAG brings with it a wealth of knowledge and expertise in the development and management of office/warehouse buildings, and we look forward to a long-lasting, mutually beneficial relationship."