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Galesi Group to Build 100,000 Square Feet/Invest $5 Million at Rotterdam Corporate Park

March 27, 2018

Rotterdam, N.Y., March 27, 2018 – The Galesi Group, one of the largest real estate developers in
Upstate New York, today announced plans to build a 100,000 square foot addition to Building 9 at
the Rotterdam Corporate Park investing more than $5 million in Schenectady County.

Galesi Group CEO David M. Buicko said, “We built Building 9 in 2016 with 100,000 square feet
of space and landed several new tenants including American Medical Depot. Just two years later,
we are pleased to announce a 100,000 square foot expansion fueled by strong demand for space at
the Rotterdam Corporate Park. We thank the Town of Rotterdam and Metroplex for working with
us to move forward with this new investment.”

Rotterdam Town Supervisor Steve Tommasone said, “This expansion shows that the Rotterdam
Corporate Park continues to lead the way in creating new jobs. We are building new space to meet
the demands of growing companies and I would like to thank the Galesi Group for this investment
in our community’s future.”

The Rotterdam Corporate Park has 4 million square feet of space and is the largest business park in
the Capital Region. Tenants include the Galesi Group’s Distribution Unlimited, Union Pacific
Railroad, Fedex Freight, Golub Corporation, GE, J&B Importers, ITR America, Captech Logistics,
American Medical Depot, Huff N Puff and many others.

Ray Gillen, Chair of the Schenectady County Metroplex Development Authority said, “We
welcome this major expansion of Building 9 at the Rotterdam Corporate Park and thank the Galesi
Group for this latest investment in our community as we continue our efforts to attract new
businesses, tax base and jobs to Schenectady County.”

The Rotterdam Corporate Park is located at the crossroads of Route 7, I-90 and I-88.

Contact: David Buicko, CEO 
518/356-4445
dbuicko@galesi.com

About the Galesi Group – Headquartered in Schenectady, NY, the Galesi Group has established itself as one of the largest Commercial Real Estate Development firms in New York State. Since 1969, the Galesi Group has committed to the growth and development of Upstate New York. The company has tackled complex commercial office projects both locally and on a national level with its current real estate holdings totaling eleven million square feet of industrial, office, medical, and residential space. In addition to a diverse real estate portfolio, the Galesi Group of companies is active in third party logistics and oil and gas. For more information, see www.galesi.com.

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