Winstanley Enterprises buys Mid-Hudson Logistics Center, retains JLL as exclusive leasing agent

West Coxsackie, N.Y., August 15, 2024 – JLL announced today that it has completed the $20.5 million acquisition of a 333,386-square-foot Class A industrial property in West Coxsackie, N.Y., on behalf of Winstanley Enterprises. The new owner has retained JLL as exclusive leasing agent for the property.

Mid-Hudson Logistics Center has critical existing infrastructure, including temperature-controlled storage, and new ownership is planning additional capital improvements to modernize the distribution facility. The building also has the potential for 197,300 square feet of expansion, making it an ideal solution for businesses looking to grow and adapt to changing needs.

The Mid-Hudson Logistics Center offers 61 fully equipped loading dock doors, 29 ft. clear ceilings and parking for 77 trailers and 216 cars across 30.74 acres. The facility includes 209,5232 square feet of dry storage space, and 109,979 square feet of refrigerated and freezer storage. Additional features include 40- by 40-ft. column spacing, 37 dry loading docks, 24 refrigerated loading docks and two drive-in doors.

Located at 1 Van Bergen Lane, Mid-Hudson Logistics Center offers proximity to the New York State Thruway/Interstate 87 and is approximately 20 minutes’ drive to the I-90. The facility boasts connectivity to the entire northeastern seaboard from Boston to Philadelphia, providing access to a population of more than 47 million people, roughly 14% of Americans, within a four-hour drive.

The exclusive Mid-Hudson Logistics Center leasing team will be led by JLL Northeast Industrial Executive Managing Director James Panczykowski and Vice President Zachary Antonucci.

“We are thrilled to complete this acquisition and to bring our industrial leasing experience to this versatile asset,” said Panczykowski. “Space constraints across the Northeast, combined with a push for flexible, contemporary facilities, has transformed the Hudson Valley into a hotbed of activity among tenants. Having the ability to offer freezer, cooler or ambient space that is immediately available and in a dynamic location creates an exciting and unique leasing opportunity for the Hudson Valley.”

“This is an ideal location in the Hudson Valley that can fully serve the entire northeastern seaboard from Boston to Philadelphia,” said Adam Winstanley, principal of Winstanley Enterprises. “We look forward to working closely with the community, creating new local jobs, and offering industrial tenants a top-tier facility with access to a skilled local labor workforce.”

JLL formed its Northeast Industrial Region in early 2017, combining its industrial brokerage operations in Connecticut, New Jersey, New York and Pennsylvania into a single region. The firm merged its industrial business lines to better serve clients that increasingly view the industrial sector in all four states as one large interconnected market. The Northeast Industrial Market comprises approximately 1.76 billion square feet of industrial space and represents the largest industrial market in the United States.

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