About

We seek to be a leading logistics real estate company focused on select high-growth, supply-constrained markets that can satisfy the ever-changing demands of supply chain requirements.

We own well-located, flexibly designed industrial/logistics properties in markets that boast strong local and regional economies with growing populations. We seek opportunities for acquisitions and developments of mid-sized industrial/logistics buildings, generally between 75,000 and 500,000 square feet. Within the mid-sized property range, we seek buildings that are generally suitable for one to three tenants and that have market-appropriate features that we believe will appeal to the widest variety of tenants in the market.

We intend to expand strategically and selectively into new geographic markets as we increase our presence in the markets in which we operate today. We seek markets and/or submarkets that are supply-constrained or present significant barriers to entry and have a large and/or quickly growing population base and strong transportation infrastructure – whether that be roads, airports, rail or port access. Lastly, we seek to enter markets where we can acquire or develop several properties and achieve a critical mass of square footage.

1906

The Cullman family forms United Cigar Manufacturers Company, launching their tobacco trading and farming activities in Connecticut’s River Valley.

1961

Edgar Cullman leads the acquisition of General Cigar Company, expanding the family’s cigar business - including brands such as Macanudo, Partagas, White Owl, and Garcia & Vega.

1967

General Cigar acquires the wrapper tobacco and nursery operations of American Sumatra Tobacco Corporation (later Imperial Nurseries), growing its land holdings to over 6,000 acres.

1970s

Culbro Corporation establishes Culbro Land Resources in 1976 and begins development of New England Tradeport in East Granby and Windsor, CT, with the construction of its first warehouse in 1978.

1997

Culbro Land Resources splits into two entities: General Cigar Holdings continues its cigar operations, while Griffin Land & Nurseries, Inc. becomes a public company managing 433,000 SF of commercial/industrial assets plus extensive agricultural holdings.

2014–2015

Griffin divests its nursery business and rebrands as Griffin Industrial Realty to focus on its industrial/warehouse assets.

2010–2020

The company expands outside Connecticut, first entering the Lehigh Valley, PA, followed by growth into the Carolinas, Florida, and other key U.S. logistics markets.

2020

Griffin converts to a REIT and rebrands as INDUS Realty Trust, Inc., emphasizing a logistics-focused growth strategy in select markets.

2023

INDUS is acquired by Centerbridge Partners and GIC for $868 million, marking a new phase of its growth.

Gordon DuGan

Executive Chairman

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Michael Gamzon

President & Chief Executive Officer

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Jon Clark

Executive Vice President, Chief Financial Officer

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Thomas M. Daniells

Senior Vice President, General Counsel & Secretary

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Thomas M. Lescalleet

Executive Vice President

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Scott Bosco

Senior Vice President, Construction & Development

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Kelly Poudrette

Vice President, Chief Accounting Officer

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Matthew Homa

Director of Treasury Operations and Insurance Management

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Sheryl Sylvester

Director of Human Resources

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Cynthia Brown, CPM®

Director of Property Management

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Andrew Albeck

Director of Acquisitions

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Andre Ciani

Director of Acquisitions

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Trey Daniel

Director of Acquisitions

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Matthew D’Andrea

Director of Acquisitions

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