DH Property Holdings building Brooklyn distribution center

DH Property Holdings building Brooklyn distribution center

Published at: 2019-07-25 16:30 | Author: CIJ USA
DH Property Holdings broke ground on an 85,000 sq ft, class A distribution center in the Red Hook section of Brooklyn, New York. The facility will offer 36-foot clear ceiling heights, energy-efficient LED lighting, 54-foot by 58-foot column spacing, 18 loading docks, two drive in-doors and 47 parking spaces. DH Property Holdings has finished demolition of the site with completion slated for the second quarter of 2020. JLL has been selected as exclusive leasing agent for the project, and will provide a full range of marketing and leasing services for the industrial development.

“New York has the biggest population of any city in the United States, but it remains critically-underserved by modern distribution centers,” said Dov Hertz of DH Property Holdings. “As e-commerce sales continue to increase, facilities like this will be crucial to meeting the demand from customers looking for quick delivery of goods.”

Similar Stories:

Treetop buys New Jersey industrial property for $17.3m
Treetop Development acquired a 207,000 sq ft industrial property in Northvale, New Jersey,  »
BNL pays $735.7m for industrial-office portfolio
Broadstone Net Lease paid $735.7m for a fully occupied industrial and office/flex portfoli  »
TA Realty sells Taunton industrial building for $25.7m
TA Realty sold an industrial building in Taunton, Massachusetts, for $25.7m. The 200,000 s  »
Newmark Knight Frank to lease Hampton Gateway industrial warehouse
The Pinkard Group and Normandy Real Estate Partners tapped Newmark Knight Frank to lease a  »
The industrial sector of commercial real estate has changed radically over the past few ye   »
industrial logistics brokers are relying increasingly on data to help them find the best p   »
Scott Gregory, market officer at Prologis in Florida, says the breakdown can be seen geogr   »