{"id":1004722589,"date":"2024-07-23T07:10:16","date_gmt":"2024-07-23T15:10:16","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004722589"},"modified":"2024-07-23T07:10:18","modified_gmt":"2024-07-23T15:10:18","slug":"winstanley-buys-333-ksf-new-york-industrial-asset","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/winstanley-buys-333-ksf-new-york-industrial-asset\/","title":{"rendered":"Winstanley Buys 333 KSF New York Industrial Asset"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/07\/MId-Hudson-Logistics-Center-pdf.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"708\" height=\"531\" data-attachment-id=\"1004722591\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/winstanley-buys-333-ksf-new-york-industrial-asset\/mid-hudson-logistics-center-pdf\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/07\/MId-Hudson-Logistics-Center-pdf.jpg\" data-orig-size=\"708,531\" data-comments-opened=\"0\" 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=\"MId-Hudson-Logistics-Center\" data-image-description=\"&lt;p&gt;Property at 1 Van Bergen Lane, West Coxsackie, N.Y.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Winstanley Enterprises will dub the property Mid-Hudson Logistics Center. Image courtesy of Winstanley Enterprises&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/07\/MId-Hudson-Logistics-Center-pdf.jpg?w=708\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/07\/MId-Hudson-Logistics-Center-pdf.jpg\" alt=\"Property at 1 Van Bergen Lane, West Coxsackie, N.Y.\" class=\"wp-image-1004722591\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/07\/MId-Hudson-Logistics-Center-pdf.jpg 708w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/07\/MId-Hudson-Logistics-Center-pdf.jpg?resize=300,225 300w\" sizes=\"auto, (max-width: 708px) 100vw, 708px\" \/><\/a><figcaption class=\"wp-element-caption\">Winstanley Enterprises will dub the property Mid-Hudson Logistics Center. <em>Image courtesy of Winstanley Enterprises<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Winstanley Enterprises has acquired a 333,386-square-foot Class A industrial property in West Coxsackie, N.Y. Save A Lot sold the asset, according to CommercialEdge data. The industrial property changed hands for $20.5 million, as reported by the <em>Albany Business Review<\/em>. CBRE represented the seller.<\/p>\n\n\n\n<p>Plans call for capital improvements to the facility\u2019s interior and exterior, repositioning the property into a modern warehouse and distribution center. To be rebranded as Mid-Hudson Logistics Center, an additional 197,300 square feet could be added to the property.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-cyan-bluish-gray-color has-alpha-channel-opacity has-cyan-bluish-gray-background-color has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/why-2024-is-the-year-to-invest-in-industrial-real-estate\/\">Why 2024 Is the Year to Invest in Industrial Real Estate<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-cyan-bluish-gray-color has-alpha-channel-opacity has-cyan-bluish-gray-background-color has-background is-style-wide\"\/>\n\n\n\n<p>The 2003-built facility encompasses 209,162 square feet of dry storage space, 63,572 square feet of <a href=\"https:\/\/www.commercialsearch.com\/news\/why-cold-storage-is-getting-hotter\/\">refrigerated storage<\/a> and 40,476 square feet of freezer space. Additional features include 29-foot clear heights, 40- by 40-foot column spacing, 37 dry loading docks, 24 refrigerated loading docks and two drive-in docks, to name a few.<\/p>\n\n\n\n<p>Located on a 30.7-acre parcel at 1 Van Bergen Lane inside the 100-acre Greene Business &amp; Technology Park, the property is less than 1 mile from U.S. Route 9W and roughly 3 miles from Interstate 87. Additionally, the port of Coeymans is some 9 miles northeast, while the Port of Albany and the Albany International Airport operate roughly 20 and 30 miles away, respectively.<\/p>\n\n\n\n<p>CBRE Associate Dan Simpson represented Save A Lot in the transaction proceedings.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-winstanley-s-focus-on-the-northeastern-industrial-market\">Winstanley&#8217;s focus on the Northeastern industrial market<\/h2>\n\n\n\n<p>Winstanley Enterprises owns and operates north of 12.5 million square feet of commercial real estate. The firm concentrates on warehouse, logistics and <a href=\"https:\/\/www.commercialsearch.com\/news\/how-will-the-rise-in-manufacturing-investment-impact-industrial-cre\/\">manufacturing investments<\/a>. <\/p>\n\n\n\n<p>Primarily focused on the Northeast, the company expanded its footprint last year with the purchase of a fulfillment center in Windsor, Conn. Deka Immobilien Investment GmbH sold 200 Old Iron Ore Road for $122.3 million. The 1 million-square-foot industrial asset is situated on nearly 90 acres, with Amazon being a long-term tenant at the time of the transaction.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The new owner plans to implement capital improvements at the facility.<\/p>\n","protected":false},"author":3471,"featured_media":1004722591,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21748,21783,21742,10],"tags":[32789,43244],"class_list":["post-1004722589","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrial","category-investment","category-latest","category-northeast","tag-cbre","tag-winstanley-enterprises"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Winstanley Buys 333 KSF New York Industrial Asset - 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