Recapitalization of a Class A+ industrial development site in the Hunts Point submarket of New York City for development into a state-of-the-art, two-level logistics facility. 

Investment Highlights:

• Infill, highway-adjacent location in NYC with immediate proximity to Manhattan as well as Brooklyn, Queens, and the broader New York MSA
• Leveraged capital markets dislocation caused by the COVID-19 pandemic to recapitalize the site at a discounted value
• Property pre-certified for a LEED platinum designation and is equipped with significant EV charging capacity and a 2.95mW solar array
• Compelling supply-demand fundamentals in a high barrier-to-entry market with scarce new Class A product