Documents
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Portfolio description
Jones Lang LaSalle (“JLL”) has been exclusively retained to offer for sale the 100% fee simple interest in Glendale Logistics Center (the “Property”). Located at 66-31 and 66-35 Otto Road in Glendale, New York City, the 238,000 square foot Property features recently renovated Class A logistics space with compelling lease-up upside in one of the most land constrained markets in the country.
Investment Highlights
• Rare, Generational Infill Logistics Opportunity
• Extremely Functional Asset with Lease-Up Upside
• Recently Completed $7.6 Million Capital Improvement Campaign
• Proximity to Mass Transit and Strong Regional Connectivity
• Proven Distribution Location in Top Tier Global Logistics Market
• Urban, Densely Populated New York City Location
• Favorable Supply & Demand Market Economics