Realterm Logistics announces the acquisition of a 39,343 square-foot final mile distribution center located at 900 E. 138th Street in Bronx, NY. The facility sits on 1.9 acres and has 11 loading positions.
"This property has a unique combination of loading and excess parking, making it a differentiated final mile facility in one of the densest population centers in the country. The acquisition is a continuation of our strategy of acquiring and operating the most functional high flow-through properties in the top markets in the country," said Ben Andreycak, Vice President, Eastern Region Acquisitions.
Minutes away from Interstate 278 and with close proximity to Interstates 95 and 87, 900 E. 138th Street is a 10-minute drive to Manhattan. It also provides exceptional accessibility to the greater Tri-State region's large and growing distribution base of more than 20 million people.
STELTH Group facilitated the transaction and represented Realterm Logistics.
Highlights of the property include:
- Square feet: 39,343 SF
- Land area: 1.9 acres
- Doors: 11 loading positions
- Access: I-278, I-95 and I-87