Amazon Leases 83,000 SF Industrial Space In Woodside, Queens

The industrial property located at 26-15 Boody Street in Woodside, Queens, New York has been involved in a closed transaction. The property spans 83,000 square feet and is owned by Terreno Realty Corporation. The tenant in this transaction is Amazon, who will be using this space as their first distribution center in the area. The deal was facilitated by brokers Brad Cohen, Jon Kamali, and Jacob Tzfanya from CBRE. The lease term is 11 years, with an asking rent of $25 per square foot on a triple net basis.

Summary of transaction details

• Property Type: Industrial
• Tenant: Amazon
• Landlord: Terreno Realty Corporation
• Brokers: Brad Cohen, Jon Kamali & Jacob Tzfanya - CBRE
• Square Footage: 83,000
• Asking Rent PSF: $25 NNN
• Term: 11 Years

In this deal, Amazon secured their first distribution center in Woodside, Queens, New York. The property's location and size make it an ideal choice for the tenant's distribution needs. Additionally, Terreno Realty Corporation, as the landlord, has successfully negotiated an 11-year lease agreement with an asking rent of $25 per square foot on a triple net basis. The involvement of brokers Brad Cohen, Jon Kamali, and Jacob Tzfanya from CBRE underscores the importance of professional representation in this transaction.