Airport Corporate Center – Binghamton, NY

JMI II (Airport Corporate Center)
33 Lewis Road, Binghamton, NY 13905, USA

Sands Investment Group is pleased to exclusively offer for sale the 407,000 SF Multi-Tenant Industrial/Flex Asset located at 33 Lewis Road in Binghamton, NY. This deal includes a unique investment with a hint of value-add, providing a new owner with complete control to lease up the property at current market rates and capture meaningful value through a proactive leasing strategy. Positioned within a strategic location with convenient access to Interstate 81 and Interstate 86, providing connectivity throughout Upstate New York, Pennsylvania, and the broader Northeast region.

  • Airport Corporate Center is a rare opportunity to acquire a large-scale industrial/ manufacturing facility totaling ~407,000 SF situated on 59.55 acres in the Binghamton, NY MSA.
  • Ideally located within an established industrial corridor, the asset provides direct connectivity to Interstate 81, Interstate 86, and State Route 17. This location ensures efficient access to major Northeast markets, including New York City, Philadelphia, and Boston, supporting both inbound supply chains and outbound distribution networks.
  • Ample acreage provides flexibility for parking, trailer storage, outdoor operations, expansion, and future redevelopment.
  • Existing infrastructure and site improvements position the asset to support both immediate operational needs and long-term strategic growth.
  • Located within the Greater Binghamton market, a region recognized for its skilled workforce, engineering talent, advanced manufacturing heritage, technology-oriented users, and aerospace/defense-sector presence.
  • Micron Technology’s $100 billion semiconductor manufacturing investment in Central New York represents the largest private investment in New York State history and is expected to generate ~50,000 jobs statewide. The project is anticipated to serve as a major long-term economic catalyst for the broader Upstate New York region, supporting population growth, workforce development, supply-chain activity, and demand across multiple real estate sectors.

In Cooperation With SIG RE Services NY LLC – Lic. #10991233211 BoR: Andrew Ackerman – Lic. NY #10491210161

Price

$35,756,234

Cap Rate

7.25%

PREMISES

407,000 SF

YEAR BUILT

1980

Lease Expiration

Varies

BROKERS

Lex Lagace
Fort Lauderdale
Solomon Colvin III
Atlanta

List with SIG

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