CBRE IM acquires the Red Hook logistics in Brooklyn

DHPH developed 640 Columbia on spec and executed a long-term lease on the facility with a global, credit tenant. The property stands in close proximity to Manhattan, Brooklyn and Queens, providing direct, rapid access to more than 13.5 million people, the largest concentration of e-commerce consumers in the nation.

The facility sits on four acres and is the first multi-story logistics facility on the East Coast. 640 Columbia boasts best-in-class architecture and features ramp access to the loading docks on the second floor, as well as internal ramps connecting the three floors and a dedicated private elevator servicing the third floor.