(Read more on the industrial market.)

NEW YORK CITY-Cushman & Wakefield has been tapped to exclusively market a 676-acre site on Staten Island. The industrial-zoned site is located along the island’s West shore and is currently owned by 380 Development LLC.

C&W’s Stan Danzig and Jules Nissim, from the East Rutherford, NJ office, will oversee the sale. According to C&W executives, the site is the largest undeveloped waterfront site in New York City. “Located at the foot of the Goethals Bridge, the property is bifurcated by rail, owned by NYEDC, and offers access for ocean-going container ships to the Port Newark and Howland Hook ports. The parcel sits adjacent to the busiest port system on the East Coast–offering incredible compatibility with major international and domestic commodity flows,” officials say in a release.

The potential buyer is expected to capitalize on the site’s proximity to the ports and the increasing traffic they are receiving.

“The explosive growth of imports has strained the capacity of ports around the county to handle the large and rapidly increasing flow of goods, and the Port Authority is stepping up to accommodate further diversification of shipments away from the West Coast,” Danzig says. “Within this context, the Staten Island site provides a rare chance to create modern, big box distribution space that will support–and benefit from–increased regional activity.”

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