Terreno Realty selects JLL to lease and manage JFK Airgate Center

JLL was selected by Terreno Realty Corp. as exclusive leasing agent and property manager for the four-building JFK Airgate Center. The firm will provide a full range of property management and transaction services at the 229,261 s/f complex, which comprises three warehouses and one commercial office building. The JLL team handling the new agency leasing assignment will be led by Reid Berch, senior vice president, and Joe Lagano, associate. Property management services will be led by Angela Alfano, vice president, supported by Kathryn Donlon, assistant general manager. "JFK Airgate Center is less than a quarter-mile from John F. Kennedy International Airport and offers direct access to three of the major airport entrances," said Berch. "The center's superior location and top-notch facilities made this property an ideal investment for Terreno Realty." "This new property management assignment expands our already strong relationship with Terreno Realty," said Linda Aronson, managing director and head of property management for JLL's suburban tri-state markets. "With the addition of the JFK Airgate Center, we manage more than 1.5 million square feet of commercial office and industrial real estate for the company in the tri-state area." JLL provides property management services for Terreno Realty at four properties, totaling 1.3 million s/f, in New Jersey. Terreno Realty recently acquired JFK Airgate Center from Prologis Inc. The mixed-use complex includes three warehouses, the 65,000 s/f Airgate 1, located at 151-02 132nd Ave.; the 66,000 s/f Airgate II, located at 150-10 132nd Ave.; and the 73,000 s/f Airgate III, located at 151-16 132nd Ave., along with a commercial office building, the 25,000 s/f Airgate IV, located at 150-30 132nd Ave. JFK Airgate Center is located approximately one-quarter mile north of John F. Kennedy International Airport, and is adjacent to Rockaway Blvd., the Belt Pwy. and the Van Wyck Expressway. It is approximately 98.6%leased to 18 tenants, including some of the largest international air cargo and logistics firms in the country.