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.
Only a five-minute drive to Manhattan’s Upper West Side and a five-minute walk to 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, 1.3M-square-foot site is anticipated for completion in Q2 of 2023.
“As a thriving economic hotbed, 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 square feet 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-square-foot 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.
Additional information on Turnbridge Equities’ Bronx Logistics Center, including drone video and photography, can be found here.
About Turnbridge Equities
Founded in 2015 by Andrew Joblon, Turnbridge Equities is a vertically integrated, SEC-registered real estate investment and development firm that brings a tenacious passion and fresh approach to the traditional real estate model. The firm pursues uniquely diversified investment strategies and a highly selective market entry process, leveraging more than 150 years of combined industry experience and more than $2 billion of assets across two managed funds, offering an unrivaled competitive advantage that creates long-term value for investors, occupants, and end users.
*Featured Image Courtesy: Turnbridge Equities