Wildflower Ltd. and its joint-venture partner, Drake Real Estate Partners have plans to develop Wildflower Ltd.’s College Point Logistics Center, a class A logistics warehouse development located on the Whitestone Expressway (Interstate 678) in College Point, Queens, N.Y.
Walker & Dunlop, Capital Markets arranged a $94 million construction financing and $49 million in equity to facilitate the development.
College Point Logistics Center is a ground-up, class A warehouse and structured parking facility that will feature 81,000 rentable square feet of industrial space, 160,000 square feet of enclosed parking spanning two floors accessible via a ramp, and 68,000 square feet of surface parking and loading space. Wildflower designed a ground-floor warehouse and multi-story parking structure to maximize the project’s efficiency in the densest industrial and parking markets in the country and meet the needs of industrial and logistics tenants. The project will be compl
