Turnbridge began its assemblage of this 14.2-acre site in December 2018, and is completing plans to develop a 4-story, Class-A industrial complex to serve New York City from its strategic location in the South Bronx. The property is well-located within minutes of I-95, I-278, I-895 and the RFK Bridge to Manhattan and Queens. The site includes a CSX freight railway spur, providing tenants with potential direct rail access, and is located less than two miles from the Hunts Point Food Distribution Center, which generates over $3 billion of annual economic activity. The property, which is fully entitled for 1,235,000 square feet of state-of-the-art industrial warehouse use, will feature up to 28’ clear heights, approximately 70 loading docks, and 1,400 parking spaces.  The property was fully leased at closing, providing Turnbridge with cash flow prior to commencing any development. The property is located in a federally designated Opportunity Zone, and is situated in the Port Morris Industrial Business Zone, as designated by the City of New York.

Bronx, NY: Bronx Logistics Center

Address

980 East 149th Street, Bronx, NY

Submarket

Hunts Point, South Bronx

Size

14.2 Acres

Type

Last Mile Industrial

Date Acquired

Beginning December 2018