Brooklyn, NY – Cushman & Wakefield announced today that the real estate services firm has been exclusively retained to market Four Points LLC’s 1.8-acre industrial development site at 145 Wolcott Street in Red Hook for lease.
Cushman & Wakefield’s Rico Murtha, Josh Kuriloff, Frank Liggio and Joe Cirone will oversee the leasing of the build-to-suit development site located in one of New York City’s most in-demand last-mile locations.
“We’re very pleased to have been selected to market this property that will offer industrial users unparalleled opportunities,” said Murtha. “The site’s strategic location in the city’s most active last-mile market coupled with the fact it’s a build-to-suit opportunity makes it an extremely significant and competitive offering in such a tight market.”
The site is ideal for e-commerce distribution, vehicle storage, cold storage or entertainment/specialty uses and can accommodate 160,000 square feet of warehouse space or up to 379,000 square feet of vehicle storage/structured parking. The site is situated along four street frontages and is just three miles, or an eight-minute drive, to Manhattan via the Hugh Carey tunnel.
Four Points LLC is a real estate development company headquartered in Washington, D.C. specializing in urban infill development in the Mid-Atlantic and Northeastern United States. The company has $500 million under management in direct or joint venture and $300 million in development.
Cushman & Wakefield Awarded Leasing Assignment at 1.8-Acre Build-to-Suit Industrial Development Site in Brooklyn
Jayden Lapin-Tatman • 12/6/2021
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.