This deal is a major coup for Sunrise Cooperative and the Hunts Point neighborhood.
(PRWEB) May 07, 2014
NAI Friedland – a full service commercial real estate firm serving metropolitan New York, Long Island and Connecticut for 45 years – has announced that brokers Ross Schneiderman, Atanu Bhattacharjee and Steve Kornspun have leased 80,000-square-feet at 1080 Leggett Avenue, Bronx NY to Sunrise Cooperative, a cooperative collectively owned by 52 automotive businesses. The new tenants are relocating from Willets Point, Queens NY, where a $3 billion redevelopment project by Related Companies and Sterling Equities is slated to overhaul the areas surrounding Citi Field.
Sunrise Cooperative will make its new home in a sprawling 144,000-square-foot building set on 4.9 acres. The structure is comprised of 85-percent warehouse space and 15-percent office space and includes multiple drive-in doors and loading docks, is fully-sprinkled, and features a 20-foot ceilings and metal deck roof. The property has large, secure and easy parking for all of their customers and quick access to I-278, I-95, and the Major Deegan Expressway. All the bridges to Manhattan, Brooklyn and Queens are minutes away, and trains are three blocks away.
The region has also been named a Federal Empowerment Zone, granting tenants a broad set of financial incentives. Previously, 1080 Leggett Avenue was home to Manhattan Beer Distributors, the largest single-market beer distributor in the nation.
NAI Friedland Senior Executive VP broker Ross Schneiderman says “we worked tirelessly to match the available space with the right clients. We had and continue to have a tremendous interest in this property especially from buyers and tenants from businesses located in the Queens and Brooklyn industrial areas. Because of the price differential and availability that the Bronx offers, we ultimately found the perfect fit with the Sunrise Cooperative.”
“This deal is a major coup for Sunrise Cooperative and the Hunts Point neighborhood,” said Ayall Schanzer, the CEO of NAI Friedland. “The relocation allows Sunrise Cooperative’s businesses to put down roots in a fantastic region and operate in a modern facility to serve their customers both locally and out of state. In addition, more local jobs will be naturally created by this relocation.”
About NAI Friedland:
NAI Friedland, founded in 1970, is a full service commercial real estate firm covering the entire metropolitan New York area, with a majority of its business in Westchester County and the Bronx, but additionally in Putnam and Rockland Counties, New York City, Connecticut, and New Jersey. Headquartered in Yonkers, New York, Friedland also maintains a satellite office in Manhattan. Friedland sales staff members strive to provide guidance and information that enables clients to make the best lease or purchase decisions. Brokers in Friedland’s four divisions – Retail, Industrial, Office, and Investment Sales – understand their markets and are supported by a sophisticated computer database of available properties and potential tenants. Friedland is a member of NAI, the largest managed network of commercial real estate firms in the world. NAI Friedland is located at 656 Central Park Avenue in Yonkers and can be reached at 914-968-8500 or by visiting http://www.friedlandrealty.com.