News: Owners Developers & Managers

Innovo Property Group tops out
736,000 s/f Review Ave. Complex

Photo credit: Innovo Property Group

Queens, NY Innovo Property Group (IPG), a New York City-based real estate investment and operating company founded by Andrew Chung, has topped out its newest purpose-built multistory urban industrial facility, Review Avenue Complex. Located in the Borden Innovation District at 28-90 Review Ave., Long Island City, the project will offer 736,000 s/f of class-A space and flexible floor plates with suites starting at 31,000 s/f. Review Avenue Complex is developed in partnership with the Urban Investment Group (UIG) at Goldman Sachs Alternatives.

“This topping off marks a significant milestone not just for Review Avenue Complex, but for the evolution of urban industrial real estate in New York City. This project is designed to meet the diverse needs of modern businesses while offering cutting-edge features and unparalleled access to the city’s most critical infrastructure,” said Andrew Chung, founder and CEO of IPG.

Review Avenue Complex is comprised of six stories with each providing ground-level convenience. The property is designed for up to two tenants on each warehouse floor with high-capacity floor loads and truck access on each level via a 35-ft.-wide ramp. The property is able to serve a multitude of uses, offering 40 x 42.5-ft. column spacing and clear heights up to 32 ft. Additionally, Review Avenue Complex includes four freight elevators, heavy power, and is photovoltaic (PV) and electric vehicle (EV) ready.

Each level also benefits from ample loading docks and parking, with the overall complex able to accommodate 166 cars and 118 fleet/oversized vehicles. Located off the Long Island Expwy., The Review Avenue Complex is near Manhattan and in proximity to all the major routes serving Queens, Brooklyn, and the Bronx.

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