Renovated Property in Hunts Point Ideal for Delivery Center/Indoor Vehicle Activity
A team fromCBRE & Pantheon Properties, on behalf of AEW & MRP Realty, is actively marketing the vacant, recently renovated 120,000+ square-foot single-story industrial building at 1300 Viele Avenue & 1301 Ryawa Avenue in the Hunts Point section of the Bronx.
John Reinertsen of CBRE has teamed up with Gary Capetta and Matt Corpuel of Pantheon Properties to lease the property, which at 120,775 square feet, represents the largest block of single-story warehouse, distribution and manufacturing space available for immediate occupancy in the borough.
“The Bronx benefits from strategic advantages for warehouse/distribution space, as it provides great access to major highways serving the entire Tri-State Region and is in very close proximity to all three major New York-area airports. The location is also easily accessible to Manhattan via the WillisAvenue, Third Avenue and RFK bridges,” said Reinertsen, a Senior Vice President of CBRE’s Industrial Services team. “With industrial availabilities at record lows throughout the region, especially in the Bronx where availability for industrial space is extremely tight, this property offers an opportunity for an occupant seeking space today.”
The building, divisible to +/-35,000 square feet, features eight tailgates and seven drive-in doors, which can be expanded. The 100-foot column spans make it ideal for a delivery service or indoor vehicular activities. The property recently underwent a $5 million renovation that included a new roof, LED lighting, new dock doors and levelers, renovated offices and windows, metal panel wall systems, paving and freshly painted walls and ceilings.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2017 revenue). The company has more than 80,000 employees (excluding affiliates) and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
