{"id":34671,"date":"2022-11-17T10:31:22","date_gmt":"2022-11-17T07:31:22","guid":{"rendered":"https:\/\/www.commercialcafe.com\/blog\/?p=34671"},"modified":"2025-03-25T16:09:05","modified_gmt":"2025-03-25T13:09:05","slug":"amazon-leases-bronx-warehouse","status":"publish","type":"post","link":"https:\/\/www.commercialcafe.com\/blog\/amazon-leases-bronx-warehouse\/","title":{"rendered":"Amazon Nabs 569,000 Square Feet at Bronx Warehouse"},"content":{"rendered":"

Amazon will be leasing 568,500 square feet at a warehousing space in the Bronx<\/a> developed by Innovo Property Group and Square Mille Capital Management. Located at 2502 Bruckner Blvd., the 1.1-million-square-foot industrial space was the site of the former Whitestone Cinemas, which was demolished\u00a0a few years ago to make room for New York City\u2019s largest logistics facility.<\/p>\n

Leslie Lanne and Rob Kossar of JLL represented the landlord. Details regarding the agreement or the team that negotiated on behalf of Amazon have not been disclosed. However, according to JLL, the agreement is currently the largest industrial lease in New York City in 2022. Approximately 499,000 square feet on the property\u2019s second floor remains available to lease.<\/p>\n

New York-based Innovo acquired the property in 2017 from Extell Development for $75 million in its bid to buy up and develop last-mile warehouses in the outer boroughs.<\/p>\n

The facility\u2019s proximity to Cross Bronx Expressway,\u00a0Hutchinson River Parkway\u00a0and the\u00a0Bruckner Expressway gives Amazon access to more than 9.4 million potential customers within a 15-mile radius \u2014 a boon for the e-commerce giant, which has been increasingly focused on last-mile logistics since the start of the pandemic.<\/p>\n

\u201cTenants seeking to service the region\u2019s massive consumer base continue to search for last-mile logistics space that takes the guessing out of delivery, and we are already seeing a great deal of interest in the remaining space available at 2505 Bruckner Boulevard,\u201d Lanne said in a statement.<\/p>\n

This latest Amazon lease deal comes on the heels of a major shift in the company\u2019s strategy<\/a> after it initially sought to trim its industrial footprint to cut costs throughout 2022. In fact, company executives revealed that Amazon would shed excess space by cutting back its warehouse pipeline and walking away from some of its leases in markets like New York and New Jersey<\/a>. Instead, the company has been looking to acquire industrial properties, rather than lease them out.<\/p>\n

Whether you\u2019re looking to buy or lease warehousing and industrial space, CommercialCafe.com<\/a> provides you with the tools you need to find the best listings across all major U.S. markets:<\/em><\/p>\n\n\n\n\n\t\n\t\n\t\n\t\n\t
Los Angeles industrial real estate<\/a><\/td>Dallas industrial real estate<\/a><\/td>Phoenix industrial real estate<\/a><\/td>\n<\/tr>\n
Houston industrial real estate<\/a><\/td>Chicago industrial real estate<\/a><\/td>Denver industrial real estate<\/a><\/td>\n<\/tr>\n
Atlanta industrial real estate<\/a><\/td>Philadelphia industrial real estate<\/a><\/td>Nashville industrial real estate<\/a><\/td>\n<\/tr>\n
Cincinnati industrial real estate<\/a><\/td>Seattle industrial real estate<\/a><\/td>Boston industrial real estate<\/a><\/td>\n<\/tr>\n
New York City industrial real estate<\/a><\/td>Cleveland industrial real estate<\/a><\/td>Fort Worth industrial real estate<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n","protected":false},"excerpt":{"rendered":"

The facility\u2019s proximity to Cross Bronx Expressway,\u00a0Hutchinson River Parkway\u00a0and the\u00a0Bruckner Expressway gives Amazon access to more than 9.4 million potential customers within a 15-mile radius \u2014 a boon for the e-commerce giant, which has been increasingly focused on last-mile logistics since the start of the pandemic.<\/p>\n","protected":false},"author":56,"featured_media":34673,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[37,38,4014,41],"tags":[],"class_list":["post-34671","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-real-estate-news","category-deals","category-featured","category-industrial","wpautop"],"acf":[],"yoast_head":"\nAmazon Leases 569KSF at Bronx Warehouse | CommercialCafe<\/title>\n<meta name=\"description\" content=\"Amazon will be leasing 568,500 square feet at a warehousing 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