Search
 

Simone Markets Bronx Warehouse for New Uses

NEW YORK CITY-The 204,015-square-foot facility at 1776 Eastchester Rd., currently occupied by Old London Foods, could be redeveloped for biotech, says Simone Development.

By Paul Bubny | Updated on December 21, 2009

NEW YORK CITY-With Old London Foods scheduled to move its bakery operations out of the Bronx at the end of next year, Simone Development Cos. is looking to reposition the 204,015-square-foot warehouse currently occupied by the snack food maker. Simone is marketing the complex at 1776 Eastchester Rd. for lease as warehouse, office and biotech space, according to a release.

The two-story 1776 Eastchester is on seven acres adjacent to Simone Development’s 740,000-square-foot Hutchinson Metro Center office complex, with 121,961 square feet on the first floor and 82,054 square feet on the second floor. It includes 10,000 square feet of office space, which Simone Development says is expandable.

In the release, Simone Development president Joseph Simone says the property offers “tremendous potential for a number of commercial uses.” In particular, Simone says, “With four major hospitals less than a mile away and a growing base of medical practices at the Hutchinson Metro Center, this property is ideally situated for conversion to a biotech research center.”

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.