NEW YORK CITY-FedEx Ground will close its Maspeth distribution center and move to a new 140,000-square-foot facility in Long Island City by spring 2013, company officials told the New York Daily News. The plant, estimated to cost $56 million, will be located on Borden Avenue—the very same block FreshDirect decided to vacate for space at Harlem River Yards in the Bronx.

The move is being driven by the company’s decision to expand its business-to-business shipping operations on a nationwide basis, a FedEx spokesman told the News. In addition, access to major highways, bridges, tunnels and customer distribution centers also played a role in the relocation from central Queens to the borough’s Northern end.

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.