Search
 

Cushman & Wakefield Negotiates 13 Leases for 70,000 SF in JFK Corridor

NEW YORK CITY-Within three months, 13 new leases have been signed for AMB Property Corp.'s 34-building portfolio within the JFK Airport Corridor. This industrial area is almost completely occupied.

By Amy Vaughn | Updated on November 13, 2000

NEW YORK CITY-Reid Berch of the Long Island arm of Cushman & Wakefield, has negotiated 13 leases within the last three months for 70,000 sf in the JFK Airport Corridor in Queens. The space is spread throughout a 34-building portfolio owned by AMB Property Corp. The majority of the deal, 60,000 sf, has been leased to MRZ Container Freight Inc.

The inudstrial JFK Airport Corridor has a vacancy rate of only 4% in its four million sf of space. Within AMB’s property here, new tenants in addition to MRZ include First In First Out CFS Corp., Powerhouse Customs Brokerage Services Inc., McKinley Cargo Corp., Hawk Freight Services Inc., Phoenix International Services Inc., Market Pioneer International Corp. and Express Air Freight Unlimited Inc. All of the new tenants are completing their moves into the space.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.