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

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.