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JLL Named Leasing Agent for Rare Midtown Distribution Facility

JLL said Friday its Northeast Industrial team has been retained by Essex Capital as leasing agent for 501 Tenth Ave., a 250,000-square-foot, full-block last mile distribution facility spanning West 38th to West 39th streets on Manhattan’s West Side. According to JLL, the property stands out as one of Manhattan’s few multi-purpose distribution properties.

Located near the Lincoln Tunnel, the building features high-capacity loading docks, cross-block/dock loading capabilities, an internal vehicle ramp that can access every floor of the building, two freight elevators capable of fitting box trucks and a dedicated co-generation power plant. Its current tenants will vacate in early 2026.

A JLL team led by vice chairmen Leslie Lanne and Rob Kossar is set to launch marketing of the opportunity. Lanne said, “50110th Ave. offers a rare blend of scale, functionality, and location. It’s an industrial asset with infrastructure that simply doesn’t exist elsewhere in Manhattan and we’re proud to be representing such a distinctive building at a time when demand for last-mile and specialty-use facilities continues to rise.”

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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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