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New York & Tri-State  + Uptown/Bronx  + Industrial  |  January 22, 2021
Paul Bubny
By: Paul Bubny

CushWake Scores Leasing Duties at Bronx Warehouse

Cushman & Wakefield has been retained to lease 400 Walnut Ave., a 240,000-square-foot warehouse and commissary space in the Bronx’s Port Morris neighborhood, with 160,000 square feet of private, secure parking.

A Cushman & Wakefield outer-borough leasing team of Joshua A. Kleinberg, William T. Diana and Dale Braverman is marketing the property on behalf of the owner, Village Supermarket of NJ, LP.

“This property is ideally situated for last-mile distribution,” said Kleinberg. “With more individuals using online ordering, this site will help the potential tenant improve delivery times and better manage and allocate inventory.”

The property is situated in one of New York City’s Industrial Business Zones, which offers extensive benefits for taxes and relocation costs to help encourage industrial growth.

“As the popularity of e-commerce continues to grow, more companies are looking to the Bronx for their delivery solutions,” added Diana.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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