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Deals & Dealmakers

Turnbridge Equities Celebrates Construction Milestone and Topping Out Ceremony for New York Region’s Largest Industrial Development

 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.

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