Bridge, DHPH Detail Plans for Four-story Distribution Center in Brooklyn
Bridge Development Partners’ New Jersey-based team and DH Property Holdings have acquired an 18-acre site in Brooklyn, where they plan to develop a four-story distribution center with up to 1.3 million square feet of prime industrial space.
The partnership, along with equity partner Banner Oak Capital Partners, on Thursday announced the acquisition of Sunset Industrial Park, an existing complex along the Gowanus Canal. The firms now plan to demolish the existing structures and develop what they say will be the largest multistory distribution center of its kind in the U.S.
Located on Third Avenue between 19th and 21st streets, the facility will feature an intricate ramping system so that each of its four floors will be fully cross-docked and directly serviceable by full-size tractor trailers, according to a news release. The lower two stories will feature 32-foot clear heights, while the upper two stories will feature 28-foot clear heights.