Quogue Business Park secures $47.8M loan for industrial and self-storage project

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Aerial rendering of Quogue Business Park showing two industrial buildings, a two-story self-storage facility and landscaped native buffer

Quogue, New York, September 20, 2025

News Summary

A 19-acre development at 8 Midhampton Ave., Quogue, has secured a $47.8 million construction loan to advance Quogue Business Park. The project includes two multi-tenant industrial buildings and a two-story, 82,200 sq ft self-storage facility. Industrial buildings offer flexible bays down to 5,000 sq ft with individual loading docks and drive-in doors. About 7.6 acres on the east side will be landscaped with native plantings to meet environmental guidelines. The financing covers grading, utilities, shells and tenant fit-outs, and construction is already underway with completion expected in the third quarter.

Quogue Business Park Secures $47.8 Million Construction Loan for Three‑Building Industrial and Self‑Storage Project

Key news: A new 19‑acre industrial and self‑storage development in Quogue secured a $47.8 million construction loan, with work already under way and an expected completion in the third quarter of 2026.

Loan and financing

Financing for the project was arranged by a capital markets team and provided through a pair of lending partners. The construction loan of $47.8 million was arranged by a national capital markets group and secured through two specialty lenders. The overall project is budgeted at about $60 million.

Project overview

The development, named Quogue Business Park, sits on a 19‑acre site at 8 Midhampton Ave. and is being developed as a partnership between a Port Chester‑based development firm and a Manhattan‑based partner. Construction began a few months prior to September 19, 2025.

What’s being built

The site will contain three buildings: two shallow‑bay, multi‑tenant industrial buildings and a two‑story self‑storage facility. Building sizes are:

  • 65,500 square feet — multi‑tenant industrial building
  • 60,000 square feet — multi‑tenant industrial building
  • 82,200 square feet — two‑story self‑storage facility

Industrial spaces are designed to serve small to mid‑sized users, accommodating tenants as small as 5,000 square feet. Each tenant space can be finished with an individual loading dock and a drive‑in door to support flexible operations and efficient materials handling. The industrial buildings are planned for the western portion of the property, while the eastern side will remain primarily green.

Site design and environmental compliance

About 7.6 acres on the eastern edge of the site will be landscaped using native plantings. That green buffer is planned to meet local village standards as well as the regulatory expectations of the regional Pine Barrens commission. The preserved and planted area aims to balance industrial use with local environmental controls and neighborhood character.

Project team

Development ownership is a partnership between two New York development firms. The financing was arranged by a capital markets team that included two named team members who led the transaction. The construction and design team includes regional engineering and architecture firms: a Huntington‑based engineering firm, a Patchogue‑based architecture firm, and a Melville design firm credited on the architecture roster. Design work emphasizes shallow bay industrial layouts to maximize usable floor space, drive‑up access and on‑site parking.

Timing and market positioning

Construction is already underway and the project is scheduled for completion in the third quarter of 2026. Developers and lenders positioned the project to serve local businesses and residents, with the self‑storage component intended to provide flexible storage options for households and smaller commercial operators in the Hamptons area. The shallow bay industrial buildings are intended to combine access, parking and layout flexibility to support efficient small business operations.

Why it matters

The project adds modern industrial floorplate options and sizable self‑storage capacity in a market where flexible small‑user industrial space is limited. The combination of multi‑tenant shallow bay buildings and a large, two‑story self‑storage facility aims to meet demand from local firms that need accessible logistics space as well as residents seeking storage solutions, while preserving a significant natural buffer on site to comply with local environmental safeguards.


Frequently Asked Questions

What is the total loan amount and who provided it?

The construction loan totals $47.8 million, arranged by a capital markets advisory group and provided through two specialty lenders.

Where is the project located and how large is the site?

The project is at 8 Midhampton Ave. on a 19‑acre parcel in Quogue.

What buildings are included and what are their sizes?

The development includes two shallow‑bay industrial buildings of 65,500 and 60,000 square feet, plus a two‑story, 82,200 square‑foot self‑storage building.

When will construction finish?

Construction started several months before September 19, 2025, and the project is expected to be complete in the third quarter of 2026.

How will the site address environmental concerns?

About 7.6 acres of the site will be landscaped with native plantings to comply with local village requirements and regional Pine Barrens standards.

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Key project features

Feature Detail
Project name Quogue Business Park
Site address 8 Midhampton Ave.
Site size 19 acres
Construction loan $47.8 million
Estimated total project cost $60 million
Buildings 65,500 SF industrial; 60,000 SF industrial; 82,200 SF two‑story self‑storage
Minimum unit size 5,000 SF
Landscaped buffer 7.6 acres with native plantings
Ownership / developers Partnership between two New York development firms
Design and engineering team Regional engineering and architecture firms (Huntington, Patchogue, Melville)
Construction status Under way as of Sept. 19, 2025
Expected completion Q3 2026

Deeper Dive: News & Info About This Topic

Additional Resources

Construction CA News
Author: Construction CA News

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