NEW YORK CITY-The marketing of a 530,000-sf warehouse and office project currently under construction near JFK Airport is finally under way. The $100 million complex is the first major development within the JFK corridor in 15 years.

Cushman & Wakefield of Long Island, Inc. was recently awarded the exclusive agency for the industrial/office park. Reid Berch, a senior director at C&W Long Island and Carlton Wenz, a director at the firm will represent developer International Airport Centers LLC on the project, to be called IAC New York. Berch tells interest in the project is high, despite economic uncertainties and the World Trade Center disaster.

“We made a conscious decision to go with this project last week,” Berch says. “Now we’re going full steam ahead. We’ve been talking to a number of interested people who could fill up at least 200,000 sf fairly quickly.”

The four-building warehouse and office complex will sit on 25 acres along what was formerly known as Rockaway Blvd., located a quarter mile from the airport’s easternmost entrance. The roadway has been renamed International Airport Center Blvd.

Buildings A and B are scheduled for completion by fall 2002. Delivery on the remaining buildings will depend on how much interest the project generates, and could be simultaneous with the first two. “We can go into the ground immediately,” Berch says.

Berch says the gated property’s security-conscious design is a major asset for potential tenants. “This is a self-contained park. There’s only one way into the complex, through a secure entrance, and all the perimeter fencing is equipped with video cameras that monitor the premises on a 24-hour basis.”

Located from 230 to 279 International Airport Center Blvd, each of the four buildings will contain class A office space as well as warehouse facilities: Building A will total 99,521 sf, including 22,000 sf of office space; building B will be 107,762 sf, 23,000 sf office space; building C will be 177,870 sf, 88,000 sf office space and building D will be 141,782 sf, 26,000 sf office space. The office components will have secure private entrances with elevators to the mezzanine and second floors.

According to C&W research, JFK has some of the lowest airport industrial vacancy rates in the nation, with more than 4.5 million sf of warehouse and office space and vacancy rates ranging from 3 to 5%. It. is also among the busiest areas in the world for handling and warehousing air cargo. “The property is being marketed to all airport-related companies,” Berch says. “We’re talking to freight brokers, trucking companies, distribution companies, any airline business.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.