{"id":1004155827,"date":"2016-10-17T23:29:50","date_gmt":"2016-10-18T07:29:50","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004155827"},"modified":"2020-05-18T00:44:21","modified_gmt":"2020-05-18T08:44:21","slug":"new-industrial-project-underway-in-staten-island","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/new-industrial-project-underway-in-staten-island\/","title":{"rendered":"New Industrial Project Underway in Staten Island"},"content":{"rendered":"<p>By Barbra Murray, Contributing Editor<\/p>\n<div id=\"attachment_1004155828\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/Matrix-Global-Logistics-Park-courtesy-of-Google-Maps.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004155828\" data-attachment-id=\"1004155828\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/new-industrial-project-underway-in-staten-island\/matrix-global-logistics-park-courtesy-of-google-maps\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/Matrix-Global-Logistics-Park-courtesy-of-Google-Maps.jpg\" data-orig-size=\"1071,529\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Matrix Global Logistics Park, courtesy of Google Maps\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/Matrix-Global-Logistics-Park-courtesy-of-Google-Maps.jpg?w=1024\" class=\"wp-image-1004155828 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/Matrix-Global-Logistics-Park-courtesy-of-Google-Maps.jpg\" alt=\"Matrix Global Logistics Park, courtesy of Google Maps\" width=\"300\" height=\"148\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/Matrix-Global-Logistics-Park-courtesy-of-Google-Maps.jpg 1071w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/Matrix-Global-Logistics-Park-courtesy-of-Google-Maps.jpg?resize=300,148 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/Matrix-Global-Logistics-Park-courtesy-of-Google-Maps.jpg?resize=768,379 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/Matrix-Global-Logistics-Park-courtesy-of-Google-Maps.jpg?resize=1024,506 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004155828\" class=\"wp-caption-text\">Matrix Global Logistics Park, courtesy of Google Maps<\/p><\/div>\n<p><strong>Staten Island, N.Y.\u2014<\/strong><a href=\"https:\/\/www.matrixcompanies.com\/\" rel=\"nofollow\" target=\"_blank\">Matrix Development Group<\/a> just held a groundbreaking ceremony for a speculative industrial development in product-hungry Staten Island, N.Y., as reported by the <em>Staten Island Advance<\/em>. The project, Matrix Global Logistics Park Staten Island, will ultimately feature four warehouses totaling nearly 3.4 million square feet.<\/p>\n<p>Things are destined to move fast. Matrix Global Logistics Park will take shape on a 200-acre site that had been designated for a NASCAR racetrack. The structures now underway will offer 975,000 square feet and 460,000 square feet of light industrial space.<\/p>\n<p><em>The Advance<\/em> quoted Joseph Taylor, president &amp; CEO of Matrix Development Group, as saying: &#8220;We are building right in the shadow of the Goethals Bridge. The strategy here is to build buildings so tenants will look over here from New Jersey, New York and Pennsylvania markets and see we have a product here.\u201d<\/p>\n<p>Whether looking from outside Staten Island or from within, Matrix Global Logistics Park will stand out, as <a href=\"https:\/\/www.commercialsearch.com\/news\/industrial\/\" target=\"_blank\">industrial product<\/a> in the area can be hard to come by<strong>\u2014<\/strong>particularly for larger users. At the close of the second quarter, the industrial vacancy rate in Staten Island was just 4.3 percent, with only 262,000 square feet of space remaining available, per a report by commercial real estate services firm NAI Long Island. The park\u2019s first two facilities are scheduled to reach completion in spring 2017, according to Matrix\u2019s website.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Matrix Development has broken ground on a 200-acre logistics park on a site initially designated for a NASCAR racetrack.<\/p>\n","protected":false},"author":969,"featured_media":1004155828,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21748,1600,21742,10],"tags":[],"class_list":["post-1004155827","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-industrial","category-new-york","category-latest","category-northeast"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>New Industrial Project Underway in Staten Island - 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