LaserShip, a shipping service whose clients include Amazon, Staples and Office Depot, has signed a 10-year lease to relocate its Long Island City distribution center to a much larger warehouse in another Queens neighborhood.
The Virginia-based company will occupy the entire 40,800-square-foot one-story property at 16-70 Weirfield Street between Cypress and Wyckoff Avenues in Ridgewood, as The Real Deal first reported. Asking rent for the Yedid Brothers Realty-owned property was $17 per square foot, the landlord’s broker confirmed to Commercial Observer.
By next month LaserShip will be leaving its 13,000-square-foot space in Long Island City at 36-01 47th Avenue.
The building at 16-70 Weirfield Street is able to accommodate the company as it grows, Pinnacle Realty’s David Junik, who represented the landlord with colleague Mark Caso, told CO.
“They were looking for something that was centrally located between Brooklyn and Queens, which is not far from the city, and is perfectly suited for a distribution facility and was in move-in condition,” Mr. Junik said.
Arthur Spitalnick of Kaufman Organization brokered the deal on behalf of LaserShip. Mr. Spitalnick was not immediately available to comment on the deal.
LaserShip has a second location in New York City, at 237 West 29th Street in Chelsea, in addition to 60 locations nationwide.