124 Route 17k, Newburgh, NY
BUILT TO SUIT
Summary
New Class A construction offers flexibility to build to suit tenants needs. Newburgh Commerce Center is located in Orange County, NY which is the fastest growing industrial market in the Upstate Region. Site work to commence Spring of 2022 and 72,000 sf has been preleased. This location offers premier accessibility via I-84 and I-87.
Deal Size: 132,000 SF
Client: Scannell Properties
Tenants: Home Depot
Situation
Home Depot was searching for a new construction final mile facility for the Lower Hudson Valley.
Strategy
Scannell Properties has a long standing relationship with Home Depot. The goal was to find well located development sites in the Lower Hudson Valley as a build to suite project.
Result
Culberson was able to secure a well-located development site and pre-lease 72,000 SF prior to construction commencing.