Simone Development Companies signs two leases totaling 28,500 s/f of industrial space at 545 Franklin Ave.

Mount Vernon, NY Simone Development Companies has signed two leases totaling 28,500 s/f of industrial space at 545 Franklin Ave. The 60,368 s/f industrial building is now fully leased.

“The successful leasing at 545 Franklin Ave. underscores the enduring demand for high-quality industrial space in Mount Vernon. By reaching 100% occupancy, we have once again demonstrated the value of strategically located assets in Southern Westchester, which remains a critical ‘last mile’ corridor for the New York City metropolitan area,” said Joanna Simone, president of leasing and property management operations for Simone Development Companies. She said, “The industrial market in Mount Vernon and Southern Westchester is incredibly resilient, driven by a limited supply of modern flex space and a growing need for regional distribution hubs. Our team’s deep expertise in this sector allows us to revitalize well-positioned properties and attract diverse, stable tenants.”

545 Franklin Ave. features on-site parking and outdoor lots, high clear ceiling heights, drive-in and loading docks, and is conveniently located near the Hutchinson River Pkwy. and I-95 and offers easy access to public transit through the Bee-Line #55.