Innovo lands $155M construction loan for latest last-mile development
Innovo Property Group has closed on a $155 million construction loan for 23-30 Borden Avenue in Long Island City. The loan, provided by an affiliate
Tag : last-mile
Red Hook resident unveils plan for new model community on his doorstep
Alexandros Washburn, the former chief planner for the City of New York who now leads Brooklyn-based design firm DRAW Brooklyn, has unveiled a plan to
Simone creating last mile delivery center on Long Island
Simone Development Companies is repositioning the former Johnson & Hoffman factory in Nassau Country as a last mile distribution center. The developer acquired the vacant
Thor buys last-mile distribution center in Spain
Thor Logis, a division of Thor Equities Group, announced the $12.7 million acquisition of Argentona, Barcelona, a 113,000 s/f s last-mile logistics asset. The existing
Turnbridge Equities to build largest last-mile center in NYC to date
“Last-mile” delivery in the Greater New York area is about to take a giant step into the future. Real estate investment firm Turnbridge Equities has
Blackstone buys $6B Colony Industrial portfolio
Blackstone is buying a 60 million square feet portfolio of last mile industrial assets for $5.9 billion. The asset management giant will announced it will
Developers unveil plan for biggest distribution center in Port of New York/ New Jersey
Advance Realty and Greek Development are set to build the largest logistics facility in the New York / New Jersey Port region. The 4.1 million
NJ developer buys Newsday headquarters for $54M, plans logistics hub
A New Jersey real estate company has purchased the Newsday’s Long Island headquarters for $54.5 million. Hartz Mountain bought the 48.3-acre site in Melville from
Blackstone buys $1.8B last-mile warehouse portfolio
Blackstone Real Estate Income Trust has acquired the Canyon Industrial Portfolio from Cabot for $1.8 billion. The 22 million-square-foot portfolio is comprised of 146 last-mile