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BRONX TIMES R 8 EPORTER, JUNE 4-10, 2021 BTR
A Hunts Point urban logistics center that was just sold. Courtesy of CenterPoint Properties
scoops up massive
Hunts Point warehouse
BY JASON COHEN
An Illinois developer recently acquired
a 145,144-square-foot urban logistics
center in Hunts Point at 1080
The property, which is situated
on 4.8 acres, features 22-foot ceiling
heights, 18 loading docks, four driveins
and onsite parking.
Blumenfeld Development Group
and Goldman Sachs Asset Management
sold the site to CenterPoint
Properties, its first-ever Bronx transaction.
The deal comes less than 18
months after the company entered
New York City with a nearly 1 million
square-foot Brooklyn portfolio
“The location of 1080 Leggett Avenue
in the southwest corner of Hunts
Point is logistically strategic, and the
asset is Class A by boroughs’ standards,”
said CenterPoint Investment
Officer Mac Lee. “1080 Leggett’s lastmile
distribution functionality and
premiere proximity to Manhattan
make it irreplaceable.”