JLL Arranges Sale of 270,690-Square-Foot Long Island Industrial Portfolio to Camber Real Estate Partners and LaSalle Investment Management

JLL Capital Markets has arranged the sale of the New York Infill Industrial Portfolio, a three-building, 270,690-square-foot industrial package on Long Island, to a joint venture between Camber Real Estate Partners and LaSalle Investment Management, the firm announced Sept. 10.

JLL represented the seller in the transaction. The portfolio comprises three industrial buildings in Inwood and Amityville, New York, and is 100% leased to investment-grade tenants operating in the global logistics and national defense sectors.

Portfolio Overview and Property Details

The three-property portfolio spans two Long Island submarkets. The Inwood asset, situated in the JFK Airport submarket, totals approximately 46,000 square feet and features 32 loading docks, two drive-in doors, and 16-foot clear heights. The property serves as a critical staging facility for inbound air freight and ground distribution across New York City and Long Island.

The two Amityville buildings are located along Long Island's South Shore in Suffolk County. The first totals 100,230 square feet and offers a mix of drive-in and tailgate docks, 20.5-foot clear heights, and ample parking. The second building spans 124,500 square feet with similar loading functionality and 28-foot clear heights.

Collectively, the properties provide access to more than 11 million people across New York City and Long Island. All three assets are within minutes of major roadways, including the Long Island Expressway and the Southern State Parkway, and offer proximity to John F. Kennedy International Airport.

JLL Brokerage Team

The JLL Capital Markets Investment Sales and Advisory team representing the seller was led by Managing Director Tyler Peck and Senior Managing Directors Andrew Scandalios and John Huguenard.

"The interest in this portfolio demonstrates that experienced industrial investors continue to recognize the long-term value of well-located infill assets," Peck said. "Camber and LaSalle bring complementary industrial investment capabilities, and the portfolio's investment-grade tenancy, below-market rents and Long Island locations create a compelling combination of durable income and future growth."

About the Buyers: Camber Real Estate Partners and LaSalle Investment Management

Camber Real Estate Partners is a New Jersey-based real estate investment management company that operates an 80-building, 4.5-million-square-foot portfolio. The firm's management team has more than 70 years of combined experience investing through multiple market cycles. In addition to its industrial strategy, Camber pursues infill value-add multifamily and retail assets, distressed debt, land, and complex special-situation opportunities. The firm focuses on middle-market transactions with strong fundamentals that can be stabilized at a discount to intrinsic value.

LaSalle Investment Management, a subsidiary of JLL, manages $86.9 billion of assets in private and public real estate equity and debt investments globally as of the fourth quarter of 2025. Its client base spans public and private pension funds, insurance companies, governments, corporations, endowments, and private individuals worldwide.

Long Island Industrial Market Context

The transaction comes as Long Island maintains one of the tightest industrial markets in the Northeast. According to JLL Research's Q2 2026 Northeast Industrial Region Outlook, Long Island's vacancy rate stands at 4.4%, the lowest among the 11 Northeast submarkets tracked in the report. Direct asking rents average $20.16 per square foot for Class A space and $16.97 per square foot for Class B/C space, reflecting sustained occupier demand for infill product in a supply-constrained corridor.

JLL's broader Northeast industrial outlook notes that regional vacancy has held around 5.9% for 15 months, with leasing momentum remaining strong. Nationally, industrial vacancy compressed 60 basis points to 6.8% in the second quarter of 2026, indicating that tightness in markets like Long Island reflects a broader trend rather than a localized condition.

The portfolio's below-market rents suggest embedded mark-to-market upside as leases roll, a characteristic that has drawn institutional capital to infill logistics assets across the Northeast.

JLL operates across the New York tri-state commercial real estate market with more than 2,600 industry professionals offering brokerage, capital markets, property and facilities management, consulting, and project and development services.