The following article is based on our exclusive list of the top US light-industrial property developers, specifically focusing on light-industrial property developers from New York.
The list contains several valuable data points, such as general contact details and the names of the management. We also indicate the real estate development focus of the listed firms (e.g. residential, office, hospitality, retail, etc.). The list is available for immediate download as an Excel file via our online shop. You might also be interested in our database of the top US light-industrial property investors.
New York’s strategic location, dense consumer base, and access to major transportation corridors make it a vital hub for light-industrial real estate development. As demand for last-mile logistics, urban warehousing, and flexible industrial space continues to rise—particularly driven by e-commerce and on-demand retail—developers in New York are reimagining underutilized urban and suburban land to meet modern operational needs. Light-industrial developers in the state are delivering high-performance facilities designed for distribution, storage, and small-scale production, often in space-constrained environments like the outer boroughs of New York City or key nodes in the Hudson Valley and Long Island. With a focus on adaptability, location efficiency, and sustainability, these firms are playing a critical role in reshaping the industrial landscape to support a more agile and urban-centred supply chain.
One of the leading light-industrial developers in New York is Ashley Capital. Since its foundation in 1984, Ashley has evolved into one of the foremost privately held industrial real estate investment firms in the United States. The company boasts a national footprint, with offices strategically located in key cities such as New York, Atlanta, Chicago, Detroit, and Florida. The company specialises in acquiring, developing, and repositioning underutilised or brownfield industrial and office properties, as well as creating modern business parks tailored to tenant needs. With a current portfolio of over 33 million square feet, spread across more than 20 U.S. markets, Ashley manages a base of 100+ properties and tenants. Between 2021 and the present, the firm has delivered over 9 million square feet of new development, with nearly 1.2 million square feet still under construction.
List of the 5 largest light-industrial property developers from New York
Below you’ll find an outline of the largest light-industrial property developers from New York:
| Name | City | Investment Focus | Assets under Management |
|---|---|---|---|
| Ashley Capital | New York | Office, Logistics, Light Industrial | n.a. |
| Rockefeller Group Development Corp. | New York | Residential, Office, Logistics, Light Industrial | > $10bn |
| Turnbridge Equities | New York | Residential, Office, Retail, Logistics, Light Industrial | n.a. |
| LXP Industrial Trust | New York | Light Industrial | n.a. |
| The Bromley Companies | New York | Residential, Office, Retail, Logistics, Light Industrial | > $1bn |
Image source: Simon Joseph
