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Brokerage
Posted: June 10, 2025
Cushman & Wakefield arranges $20 million in construction financing for I-84 Orange County Logistics Center
Montgomery, NY Cushman & Wakefield served as the exclusive advisor to Ridgecut Rd. in the procurement of $20 million in construction financing for I-84 Orange County Logistics Center, a 146,075 s/f industrial development located at 14 Moosilauke Dr. The loan was provided by Catal Capital.
Cushman & Wakefield’s John Alascio, TJ Sullivan, Chuck Kohaut and Mitch Rothstein represented the borrower in the financing.
“I-84 Orange County Logistics Center is ideally located in the path of growth in the NY Metro industrial market,” said Sullivan. “Its strategic location at the intersection of Rte. 208 and I-84 offers efficient access to the northeast corridor, making it an attractive option for the full spectrum of industrial users. This project is the right size and the right time, and we are excited to see it come to life.”
I-84 Orange County Logistics Center will be a class A industrial facility with modern features designed to meet the needs of the region’s tenants. The building will include 36-ft. clear heights, 16 trailer parks, 31 dock doors and 83 car parks.
“It was a pleasure to work through this construction financing with the Cushman & Wakefield team. The project was a testament to their diligence, hard work and perseverance as we collectively grinded through the capital markets during a tricky macroeconomic period. As a result, I-84 OC Logistics is set up for success and will deliver at the end of this year in an opportune supply/demand window with no competitive supply in our size range throughout the region,” added Eric Shalek and Eric Shalek, principals of Ridgecut Road.
Located in Montgomery, the property offers access throughout the New York Metro, Mid-Atlantic and Upstate New York areas. It is nearly equidistant to New York City as Exit 8A, providing a cost-effective alternative to the ultra-competitive Northern New Jersey markets. According to Cushman & Wakefield, the area boasts a deep labor pool, with nearly 25% of the Hudson Valley labor market working in manufacturing, trade, transportation and utilities, making it an ideal location for potential industrial occupiers
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