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Long Island Warehouse Project Lands Construction Financing

Deal Comes as Sector Slows Down in New York and Nationally
Holbrook Logistics Center on Long Island in New York State has landed construction financing. (JLL)
Holbrook Logistics Center on Long Island in New York State has landed construction financing. (JLL)
CoStar News
June 20, 2023 | 10:11 P.M.

Even as the red-hot industrial sector is slowing down, several warehouse and distribution center projects in and nearby New York are still getting financing. It’s a sign investors are betting on the long-term promise of the market, even in an economy plagued by high interest rates.

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News | Long Island Warehouse Project Lands Construction Financing