News: Brokerage

Tractor Supply Co. opens 925,000 s/f distribution center in Frankfort

Frankfort, NY Tractor Supply Co., one of the largest rural lifestyle retailers in the U.S., has officially opened its new distribution center.

“Tractor Supply is excited to formally open the doors of our newest and largest distribution center in Frankfort, N.Y.,” said Greg Sandfort, Tractor Supply’s CEO. “This new distribution center allows us to expand our store base in the Northeastern Corridor of the country and better serve our existing customers with faster, more efficient delivery to our stores, while expanding our digital fulfillment strategy. We appreciate the support of the Frankfort community and New York State since we first broke ground in August 2017, and we look forward to a longstanding partnership with the community.”

“From day one of this administration, we have made significant strategic investments upstate to create good jobs and bolster the economy, and the grand opening of this distribution center in Herkimer County demonstrates once again that New York State is open for business,” New York governor Andrew Cuomo said. “We are proud to invest in companies that invest in New York and Tractor Supply’s new facility will generate hundreds of jobs and move the Mohawk Valley’s economy forward.” 

Tractor Supply executives and local and state government officials held a grand opening event March 14th, at the site of the distribution center located in the Frankfort 5S South Business Park. The facility is 925,000 s/f in size and currently services over 140 Tractor Supply stores, with the potential to service over 200 stores in the Northeast region within its first year of operation. The facility has already created over 280 local jobs, with plans to create more than 350 full-time jobs in the first five years.

The new distribution center has been designed and built to meet high energy efficiency and environmental standards and the company is seeking LEED Silver certification by the U.S. Green Building Council.  If certified by the Council, the distribution center would be the third Tractor Supply Co. facility to achieve LEED Silver certification. The others to achieve certification are the company’s store support center in Brentwood, Tenn. and Casa Grande, Ariz. distribution center. The Frankfort distribution center was built to include:

  • Energy efficient design and heating systems;
  • Water saving plumbing and irrigation systems;
  • Recycled and regionally sourced building materials; and
  • LED lighting.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking