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Sagard Real Estate breaks ground on warehouse development in Staten Island, N.Y.
Transactions - JULY 8, 2024

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Sagard Real Estate breaks ground on warehouse development in Staten Island, N.Y.

by RELEASED

Sagard Real Estate, formerly known as EverWest Real Estate Investors, announced the groundbreaking of 1 Nassau Place, a 332,000-square-foot class A warehouse development in Staten Island, N.Y. This state-of-the-art facility is designed with top-of-the-market specifications to meet the growing demand for high-quality industrial space in one of the nation’s strongest submarkets.

"We are excited to initiate the development of 1 Nassau Place, a project that underscores our commitment to creating best-in-class assets in high-demand markets," stated Brad Natale, director, portfolio management, at Sagard Real Estate. "This development aligns with our strategy of investing in markets with high barriers to entry and strong growth potential."

The facility will boast 36-foot clear heights, 60 dock doors, 175 car parking spaces, ESFR fire protection, rooftop solar panels, and full site circulation with two points of ingress and egress. Its location less than a mile from Route 44

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