UPS Obtains Massive Industrial Sites in Brooklyn and Queens

The package-delivery giant recently signed a long-term triple-net lease for two massive sites in Brooklyn and Queens, spanning a total of 1.7 million square feet.

The Real Deal
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When it comes to leasing volume for industrial space in New York City’s outer boroughs, UPS is delivering.

The package-delivery giant recently signed a long-term triple-net lease for two massive sites in Brooklyn and Queens, spanning a total of 1.7 million square feet, The Real Deal has learned. 

New distribution centers will likely rise on both sprawling sites. 

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