
170 Van Brunt Street
170 Van Brunt Street, Brooklyn, NY, 11231, US
40,000 平方呎
Jones Lang LaSalle Americas, Inc. ("JLL") has been retained as the exclusive sales representative for the Infill Growth Industrial Portfolio (the "Portfolio"), a collection of 30 shallow-bay logistics and distribution facilities comprising 1.8 million square feet across multiple high-growth industrial markets in the Northeast, Southeast, Florida and Texas.
Featuring 3.3 years of WALT, the 91.5% leased infill Portfolio presents investors the opportunity to establish immediate scale with existing cash flow in the sought-after geographies while providing a near-term value creation strategy via the mark-to-market of in-place rents approximately 28% below market.
Furthermore, the shallow-bay Portfolio benefits from an advantageous design profile including efficient rear-load configurations, 23' average clear heights and appropriate 27% average office finish. With an average building size of just 60,837 square feet and a total of 122 suites, the Portfolio exemplifies ideal multi-tenant functionality in a high-performing subset of logistics and distribution product that has consistently maintained lease rate growth and remains largely insulated from supply-side pressure.
HIGHLY ADVANTAGEOUS GEOGRAPHIC DIVERSIFICATION
The Portfolio features key geographic diversity including primary logistics and distribution markets:
SUBSTANTIAL VALUE CREATION UPSIDE VIA MARK-TO-MARKET
OPPORTUNITY TO ACQUIRE CRITICAL MASS OF INFILL SHALLOW-BAY ASSETS
FUNCTIONAL MULTI-TENANT LOGISTICS PRODUCT