Breaking News: Five-property Long Island industrial portfolio trades for $95.8 million... read more
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5 Inez DriveBay Shore, NY 11706

TYPE
Industrial
SIZE
94,000 SF
ACQUIRED
2021

TYPE
Industrial
SIZE
94,000 SF
ACQUIRED

property overview

MRA along with its joint venture partner, Angelo Gordon & Co, has acquired a Class B industrial property in Bay Shore, New York. The single-story warehousing & distribution facility is 100% leased to Ruby Has Fulfillment, a third-party logistics (3PL) company with distribution centers throughout the Unites States and Canada.

Sitting on approximately 6.3 acres of land, 5 Inez Drive was constructed in 1973 and consists of load-bearing, reinforced concrete masonry walls with steel columns. The Property features 22’ clear height, 26’ x 32’ column spacing, 9 dock doors with 2 drive-ins, and ample space for both truck and car parking given both a main entrance lot as well as approximately 2.0 acres of unencumbered paved land area adjacent to the building.

5 Inez Drive in Bay Shore is located in Suffolk County, NY, just 31 miles from JFK International Airport and 45 miles from Manhattan. Centrally located on Long Island, the Property offers momentary access to the Long Island Expressway (I-495), Southern State Parkway, Northern State Parkway and the Sunrise Highway, connecting to Nassau County and NYC to the west, and Eastern Suffolk County (including the Hamptons and North Fork) to the east.