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Highlights

  • Matrix Business Park at Newburgh is a multi-tenant facility offering 36-foot warehouse ceilings, ESFR sprinklers, and dedicated office space.
  • Prime positioning adjacent to Stewart International Airport, near FedEx and UPS, allows for seamless logistics and distribution efficiency.
  • Surrounded by a fast-growing workforce, with Newburgh and Middletown commuters averaging 38 minutes, ensuring a strong labor pool for tenants.
  • Strategic location at Interstates 87 and 84, providing access to Tappan Zee Bridge, Albany, Bergen County, New Jersey, and major distribution hubs.
  • Benefit from expansive loading capacity with 17 dock doors and potential for over 19 additional doors to support high-volume operations.
  • Cost-effective alternative to Northern New Jersey, providing easy market access to the NY/NJ metro area, New England, and the Mid-Atlantic region.

Features

Clear Height
36’
Exterior Dock Doors
55

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 248,000 SF
  • Negotiable
  • $13.00 /SF/YR $1.08 /SF/MO $3,224,000 /YR $268,667 /MO
  • Industrial
  • Full Build-Out
  • Now

Built in 2017, this modern industrial facility features a 36-foot clear height, a 420-foot-wide cross-dock with 60-foot-wide bays, ESFR sprinklers, and LED lighting. The property includes approximately 6,000 square feet of office space and 17 dock doors, with the potential for 19 additional docks.

  • Listed rate may not include certain utilities, building services and property expenses
  • Space is in Excellent Condition
  • Smoke Detector
  • Includes 6,000 SF of dedicated office space
  • 17 Loading Docks
Space Size Term Rental Rate Space Use Condition Available
1st Floor 248,000 SF Negotiable $13.00 /SF/YR $1.08 /SF/MO $3,224,000 /YR $268,667 /MO Industrial Full Build-Out Now

1st Floor

Size
248,000 SF
Term
Negotiable
Rental Rate
$13.00 /SF/YR $1.08 /SF/MO $3,224,000 /YR $268,667 /MO
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 248,000 SF
Term Negotiable
Rental Rate $13.00 /SF/YR
Space Use Industrial
Condition Full Build-Out
Available Now

Built in 2017, this modern industrial facility features a 36-foot clear height, a 420-foot-wide cross-dock with 60-foot-wide bays, ESFR sprinklers, and LED lighting. The property includes approximately 6,000 square feet of office space and 17 dock doors, with the potential for 19 additional docks.

  • Listed rate may not include certain utilities, building services and property expenses
  • Includes 6,000 SF of dedicated office space
  • Space is in Excellent Condition
  • 17 Loading Docks
  • Smoke Detector

Property Overview

Matrix Business Park at Newburgh, located at 108 Route 17K, presents a prime industrial leasing opportunity within a 565,000-square-foot multi-tenant facility on 69 acres. Currently, 248,000 square feet of warehouse space is available in the single-story building, featuring 36-foot clear heights, ESFR sprinklers, LED lighting, and 6,000 square feet of dedicated office space. The property provides loading access to 17 dock doors, with the potential to expand to over 19 additional doors. Strategically located at the intersection of Interstates 87 (New York State Thruway) and 84, the site offers hassle-free connectivity to the Tappan Zee Bridge, North Albany, Bergen County, New Jersey, and other key markets. This high-visibility location is also adjacent to Stewart International Airport, with FedEx and UPS facilities nearby, further reinforcing distribution efficiency. Major corporations such as Tesla, Amazon, The Home Depot, Walgreens, and AmerisourceBergen have recognized this cost-effective alternative to Northern New Jersey, leveraging its accessibility to the New York/New Jersey metro area, New England, and the Mid-Atlantic region. Orange County's fast-growing workforce, supported by a 38-minute average commute time, also ensures a strong labor pool from Newburgh and Middletown. Matrix Business Park at Newburgh, with its state-of-the-art infrastructure and prime location, offers an exceptional leasing opportunity for businesses seeking efficiency and unrivaled market access.

Warehouse Facility Facts

Building Size
565,000 SF
Lot Size
69.00 AC
Year Built
2017
Construction
Reinforced Concrete
Zoning
Commercial - Industrial Warehouse

Select Tenants

  • Floor
  • Tenant Name
  • Industry
  • 1st
  • Amscan
  • Retailer
  • 1st
  • Cencora
  • Wholesaler

Marketing Brochure

About Orange County

The region spans key industrial nodes including Newburgh, Middletown, Goshen, Monroe, Warwick, and surrounding municipalities, strategically positioned along I-84, Route 17 (future I-86), and the New York State Thruway (I-87). This central Hudson Valley location provides access to the New York City metropolitan area, Northern New Jersey, and New England markets. Its proximity to major east-west and north-south transportation corridors makes the area an attractive distribution and logistics hub serving the broader Northeast.

The market attracts a diverse mix of industrial users, including logistics providers, e-commerce distributors, and light manufacturers. Strong highway connectivity supports streamlined freight movement and regional distribution, while the availability of large parcels and modern industrial facilities accommodates a range of operational requirements. Major occupiers in and around the region include Amazon, Medline Industries, UPS, FedEx Ground, and Pratt & Whitney, reflecting the area’s role as a hub for warehousing, assembly, and logistics operations.

The area offers access to Stewart International Airport, a key cargo and logistics hub for the region, as well as nearby intermodal connections and freight rail lines. The market benefits from a sizable and growing labor pool drawn from the Hudson Valley, Northern New Jersey, and the greater New York metro area.

Demographics

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
City
Population
Miles
Drive Time
New York
8,398,748
74
1 h 46 m
Philadelphia
1,584,138
146
3 h 3 m
Boston
694,583
200
4 h 8 m
Washington
702,455
279
5 h 45 m
Columbus
892,533
562
10 h 32 m
Detroit
672,662
623
11 h 39 m
Access and Labor Force
10 Miles
Total Population
202,687
Total Labor Force
105,854
Unemployment Rate
2.94%
Median Household Income
$91,230
Warehouse Employees
12,960
High School Education Or Higher
90.90%

Nearby Amenities

Hotels

Hampton by Hilton
139 rooms
4 min drive
Howard Johnson
74 rooms
5 min drive
Ramada
163 rooms
5 min drive
Red Roof Inn
97 rooms
7 min drive
Homewood Suites by Hilton
125 rooms
9 min drive

Leasing Agent

Leasing Agent

Hilary Budny, Senior Vice President, Marketing
Over the course of more than a decade, Hilary Budny has served as a partner and senior vice president at Matrix Development Group, a mixed-use real estate development company based in New Jersey. Her firm has a track record of seeing through ground-up development projects and utilizing a customized approach to complete them on time. In addition, it takes steps to ensure that tenants’ special requirements are met. Hilary Budny also helps the company to fulfill its mission of bringing lasting value to its properties. Matrix’s portfolio comprises industrial, residential, commercial, and mixed-use development projects worth over $1 billion.

In one case, Ms. Budny’s firm served as the development manager for the financial services enterprise Advanta in a multi-phase relocation endeavor. The project involved several challenges, such as requiring two buildings spanning 200,000 total square feet to meet the needs of different corporate divisions. Matrix efficiently handled the process for a revised approval to build a two-level parking structure on the site, and construction on the original project proceeded without interruption. Ms. Budny’s firm has also worked with Advanta as the approvals manager and tenant representative for eight buildings across three states.

In addition to her professional responsibilities, Hilary Budny enjoys US Lacrosse and supports Germantown Academy.
  • Listing ID: 34751731

  • Date on Market: 2/7/2025

  • Last Updated:

  • Address: 108 Route 17K, Newburgh, NY 12550

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