A Multi-Story Warehouse and Movie Studio Rises in Long Island City

Multistory warehouses remain a rarity in New York City, largely because of restrictive zoning. But a growing number of developers are taking advantage of land use rules that allow taller industrial buildings, particularly in Queens.

The Borden Complex Tops Out At 23-30 Borden Avenue in Long Island City

The 166-foot-tall structure will span 840,000 square feet and house logistics and warehouse space featuring truck courts, a distribution center, two stories of film and television studios, office space, and on-site vertical parking.

Amazon takes 568K sf at Innovo, Square Mile’s Bronx industrial complex

E-commerce giant to occupy roughly half of two-story logistics center.

Commercial Real Estate Remains a Critical Investment Asset, Even as Cap Rates Rise

Cap rates are expected to increase in the second half of the year as US monetary policy enters a period of quantitative tightening.

Industrial Real Estate Demand Strong Heading Toward Final Months of Tumultuous Year

Leasing Hits Record as Analysts Watch for Signs of Consumer Spending Slowdown

Innovo Property Group secures $435 million loan from Starwood Property Trust and JPMorgan

How Andrew Chung Won New York City's Warehouse Race

The Innovo Property Group founder saw the industrial sector's historic shift before anyone else.

Urban Warehouses Are Key To Logistics Success

Urban Warehouses Are Key To Logistics Success @InnovoPG @JillMalandrino @TradeTalks

Multi-Story Warehouses Are Still a Rarity in the U.S. But That Is Changing

Multi-story construction is now economically justified in many markets due to skyrocketing land prices for industrial development.

Why Industrial's Trajectory Will Keep Surging

US commercial property price growth continued its upward trajectory with all four major property types posting double-digit annual price growth, according to Real Capital Analytics.