**JLL Named Leasing Agent for Rare Midtown Distribution Facility**
JLL has been appointed as the leasing agent for 501 Tenth Avenue, a 250,000-square-foot, full-block last mile distribution facility in Manhattan. The property, owned by Essex Capital, spans from West 38th to West 39th Streets on the West Side and is considered one of the few multi-purpose distribution facilities in the borough.
Strategically located near the Lincoln Tunnel, the facility boasts a variety of industrial features uncommon in Manhattan. These include high-capacity loading docks, cross-block and dock loading capabilities, an internal vehicle ramp with access to every floor, and two oversized freight elevators capable of accommodating box trucks. Additionally, the building includes a dedicated co-generation power plant. Current tenants are expected to vacate the property by early 2026.
Marketing efforts for the facility will be led by a JLL team comprised of Vice Chairmen Leslie Lanne and Rob Kossar. Commenting on the project, Lanne stated, “501 Tenth Avenue 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.”
