News: Owners Developers & Managers

Turnbridge Equities celebrates the topping out of 1.3m s/f Bronx Logistics Center

Bronx, NY Turnbridge Equities, a real estate investment and development firm that uncovers commercial and industrial opportunities in high-growth and high barrier-to-entry markets, celebrates the topping out of the Bronx Logistics Center (BLC), the largest industrial development in New York City.

Near Manhattan’s Upper West Side and two MTA subway stations, Bronx Logistics Center is a market-leading Class A last-mile industrial asset providing ease of access to the wider NY region and beyond via the I-95, I-87, I-278, and I-295. Construction on the impressive 14.2-acre, 1.3 million s/f site is anticipated for completion in Q2 of 2023.

“As a thriving economic hot-bed, the New York region is bustling with industry-leading firms and more than 20 million residents that expect a seamless, swift, and frictionless delivery process,” says Ryan Nelson, managing principal of Turnbridge Equities. “Turnbridge Equities is proud to deliver the Bronx Logistics Center as a state-of-the-art, next-generation solution to a rapidly increasing demand for fast, efficient shipments.”

Designed by Arco Design/Build Industrial, Bronx Logistics Center offers 585,000 s/f of warehousing space across two levels, with dedicated private entrances for both floors, along with 3 megawatts of energy-generating rooftop solar panels. Of the site’s 730,000 s/f parking area, the largest availability of parking currently on the market, 25% will be electric-vehicle ready complete with charging stations.

Turnbridge Equities and Dune Real Estate Partners have engaged with JLL as leasing agent for the project.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt Commercial Real Estate Q&A:  Location, location, location? - by David Hunt

Hunt Commercial Real Estate Q&A: Location, location, location? - by David Hunt

In working with our clients, we break down our search objectives into two categories. The first category involves the specific needs of your business such as warehouse height, amount of office space and number of loading
Follow the upside: How NYC  investors are rethinking real estate - by Thomas Donovan

Follow the upside: How NYC investors are rethinking real estate - by Thomas Donovan

In my earlier years of brokerage, my team had our investor list divided into five brackets – multifamily, retail, office, industrial and development. For the most part, multifamily investors only wanted to see multifamily
IREON Insights:  Research and development tax credit: Very important deadline for amendments is July 6 - by Richard Levychin

IREON Insights: Research and development tax credit: Very important deadline for amendments is July 6 - by Richard Levychin

If you are a company that either claimed or qualify for the research and development tax credit you need to be aware of the following update resulting from the One Big Beautiful Bill Act (OBBBA).
Hunt Commercial Real Estate Question and Answer:  Evaluating the buyer - by David Hunt

Hunt Commercial Real Estate Question and Answer: Evaluating the buyer - by David Hunt

The Purchaser: This is usually a subjective decision. As an example, a large public company may be a desirable purchaser because it is financially strong, but