JLL said Friday its Northeast Industrial team has been retained by Essex Capital as leasing agent for 501 Tenth Ave., a 250,000-square-foot, full-block last mile distribution facility spanning West 38th to West 39th streets on Manhattan’s West Side. According to JLL, the property stands out as one of Manhattan’s few multi-purpose distribution properties.
Located near the Lincoln Tunnel, the building features high-capacity loading docks, cross-block/dock loading capabilities, an internal vehicle ramp that can access every floor of the building, two freight elevators capable of fitting box trucks and a dedicated co-generation power plant. Its current tenants will vacate in early 2026.
A JLL team led by vice chairmen Leslie Lanne and Rob Kossar is set to launch marketing of the opportunity. Lanne said, “50110th Ave. offers a rare blend of scale, functionality, and location. It’s an industrial asset with infrastructure that simply doesn’t exist elsewhere in Manhattan and we’re proud to be representing such a distinctive building at a time when demand for last-mile and specialty-use facilities continues to rise.”
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