News: Brokerage

Simone leases 57,544 s/f warehouse and 55,224 s/f of land to Kamco Supply

Bronx, NY Simone Development Companies said that building materials distributor Kamco Supply Corp. has signed a long-term lease for 57,544 s/f of warehouse space and 55,224 s/f of land at 1200 Zerega Ave. for the storage and distribution of building materials.

The Zerega Industrial Park property is now 60% leased. The property features six drive-in doors, four loading docks, 16.5’ ceiling heights, outdoor storage, ample parking, and signage opportunity.

“Modern and spacious warehouse space is in high demand in the New York metro area, and 1200 Zerega Ave. is extremely attractive to users like Kamco due to the rare combination of warehouse space and available land that is centrally located with immediate access to major highways,” said Josh Gopan, vice president of leasing at Simone Development, who represented ownership in the lease negotiations, along with in-house counsel Patrick Doyle. Kamco Supply was represented by Mat Diana of DY Realty.

The nearly 100,000/f warehouse and office property is close to the #6 subway line, multiple bus routes, the Hutchinson River Parkway, as well as the Bruckner and Cross Bronx Expwys.

Kamco Supply Corp. is one of the largest and oldest privately owned commercial and residential building materials suppliers in the New York metro area, with multiple locations in New York and New Jersey. Their new location’s main customer entrance is located on the Gleason Ave. side of the property. Simone Development is marketing the remaining warehouse and office areas for lease.

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