News: Brokerage

JLL represents Winstanley in $43 million sale of Mid-Hudson Logistics Center

West Coxsackie, NY JLL represented Winstanley Enterprises in the $43 million sale of Mid-Hudson Logistics Center, a 333,386 s/f industrial distribution facility located at 1 Van Bergen Ln.

Driscoll Foods, an independent, family-owned foodservice distributor serving the Northeastern U.S. since 1971, acquired the property and plans to utilize the facility to expand its distribution capabilities throughout the Hudson Valley and portions of New England.

Mid-Hudson Logistics Center is a modern tri-cool distribution facility situated on 30.7 acres within an established industrial park in Greene County. The property features a unique combination of ambient, refrigerated and freezer storage space, including nearly 110,000 s/f of temperature-controlled warehouse space, making it well-positioned for food distribution and cold chain logistics operations. The facility also offers 61 dock-high loading doors, 29-ft. clear heights and direct access to major transportation corridors throughout the Northeast.

Winstanley Enterprises acquired the property in August 2024 and subsequently invested in capital improvements to enhance the facility’s infrastructure and functionality. The building was previously occupied as a regional distribution center for a major grocery retailer.

JLL’s northeast industrial region vice chairman James Panczykowski represented the seller. 

“The sale of Mid-Hudson Logistics Center underscores the continued demand for strategically located industrial assets with cold storage capabilities throughout the Northeast,” said Panczykowski. “The property’s combination of modern infrastructure, significant recent capital investment and access to key population centers made it an attractive opportunity for an expanding food distribution operator like Driscoll Foods.”

“We are very pleased with the outcome of this transaction and proud of the work our team completed to enhance the functionality and marketability of Mid-Hudson Logistics Center,” said Adam Winstanley, principal of Winstanley Enterprises. “The sale reflects the strong demand we continue to see for distribution assets across the Northeast, especially facilities that can support food logistics and other temperature-sensitive supply chains.”

Located 2.5 miles from I-87 and 18 miles from I-90, the property provides access to major Northeast markets. From its Hudson Valley location, the facility can reach 47 million consumers within a four-hour drive, spanning markets from Boston to Philadelphia.

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