Sagard Real Estate Completes 331,700-SF Industrial Warehouse Development in Staten Island

STATEN ISLAND, N.Y. — Sagard Real Estate has completed construction of One Nassau Place, a 331,700-square-foot industrial warehouse facility in Staten Island that the developer says is currently the largest available new construction single-story warehouse in New York City, the firm announced April 21, 2026.

Cushman & Wakefield has been appointed exclusive leasing agent for the property. The leasing team consists of Bill Waxman, David Gheriani, Rico Murtha, and Helen Paul.

Property Specifications

The facility at One Nassau Place features 36-foot clear ceiling heights, 60 loading docks, two drive-in doors, and 174 parking spaces. The property is fully sprinklered with an ESFR system and is designed to accommodate single- or multi-tenant industrial users.

"As demand for high-quality industrial space in New York City continues to outpace supply, One Nassau Place represents a rare opportunity for tenants to secure scale, efficiency, and connectivity within the five boroughs," said Helen Paul, Executive Director at Cushman & Wakefield. "This project delivers the modern specifications today's occupiers require, combined with immediate access to key transportation hubs serving the broader Tri-State area."

Location and Regional Connectivity

The property is situated one block from the Arthur Kill train station and in close proximity to major transportation infrastructure, including the Outerbridge Crossing, Port Newark/Elizabeth, and Newark Liberty International Airport.

Sagard Real Estate Commentary

Brad Natale, Managing Director of Portfolio Management for Sagard Real Estate, commented on the project: "One Nassau Place reflects our commitment to delivering modern industrial solutions in locations where supply remains extremely limited. We are proud to bring to market a facility that offers tenants premier access to the New York City area, with contemporary building features needed to operate competitively."

Sagard Real Estate, headquartered in Denver, manages $6.0 billion in U.S. commercial real estate assets through separate accounts and commingled funds. The firm maintains regional investment offices in New York City, Charlotte, Austin, Los Angeles, and San Francisco. Its services include portfolio management, acquisitions, asset management, development, and property management. Sagard Real Estate is part of Sagard, a multi-strategy alternative asset management firm. The firm was founded in 1997.

Leasing and Availability

One Nassau Place is currently available for lease. Cushman & Wakefield's Bill Waxman, David Gheriani, Rico Murtha, and Helen Paul are handling leasing on behalf of the landlord. No lease transactions have been announced as of the time of publication.

Cushman & Wakefield (NYSE: CWK) reported $10.3 billion in revenue in 2025 across its services, leasing, capital markets, and valuation business lines. The firm employs approximately 53,000 people across more than 350 offices in nearly 60 countries.

Sources: Sagard Real Estate / Cushman & Wakefield Press Release, April 21, 2026