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Deals & Dealmakers

JLL to lease first ground-up e-commerce warehouse

JLL has been tapped to lease New York City’s first ground-up e-commerce warehouses now rising in Brooklyn.

Two full city blocks are being transformed into nearly 200,000 s/f of high volume, automated industrial buildings.

Called the Brooklyn Logistics Center, the two-building, last-mile distribution centers will be located on two full city blocks located at 12555 and 12595 Flatlands Avenue in Brooklyn, NY. The project will open in October 2019.

“E-Commerce is completely disrupting the supply chain. Amazon, Walmart and a generation of e-commerce competitors are in a high-speed race to rush everything from shoes to groceries to their customers. Large, modern and automated warehouses located in major urban areas are essential to this strategy. Until now, New York has been late to adopt this necessary new model of last mile warehousing,” commented Adam Gordon, Wildflower Ltd.’s president.

Following the $187 million sale of part of its self-storage portfolio last year, Wildflower Ltd. and its sister company, Madison Development, (both owned by Adam Gordon and Matt Dicker) have been building self-storage and industrial product in New York City.

Brooklyn Logistics Center and other last mile sites in Wildflower Ltd.’s portfolio will rapidly bring goods to millions of New York City residents and create hundreds of jobs.

The JLL professionals overseeing the leasing assignment include Rob Kossar, vice chairman and head of the firm’s Northeast Industrial Region, and Leslie Lanne, managing director.

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