Quogue Business Park Secures $47.8M Loan for Industrial & Storage Development

A major new development is underway in Quogue, where a $47.8 million construction loan has been secured to bring a mix of industrial and self-storage facilities to the Hamptons.

The financing, arranged by JLL Capital Markets’ Scott Aiese and Alex Staikos, comes through Affinius Capital and Axonic Capital. The funds will support the creation of Quogue Business Park, a $60 million project poised to reshape the commercial landscape of the East End.

What’s Being Built

The 19-acre property at 8 Midhampton Avenue will house:

• A 65,500-square-foot multi-tenant industrial building

• A 60,000-square-foot multi-tenant industrial building

• A two-story, 82,200-square-foot self-storage facility

Designed with flexibility in mind, the industrial buildings will cater to tenants as small as 5,000 square feet, each with its own loading dock and drive-in door—a rare convenience for small and mid-sized businesses in the Hamptons.

Balancing Growth with the Environment

While the western half of the site will host the new facilities, 7.6 acres on the eastern portion will be preserved and landscaped with native plantings, meeting both Village of Quogue guidelines and Pine Barrens Commission standards. This thoughtful approach underscores the project’s commitment to blending modern development with Long Island’s environmental priorities.

Who’s Behind It

Quogue Business Park is a partnership between The Renatus Group of Port Chester and Manhattan-based Declaration Partners. The project team features several Long Island firms, including:

• R&M Engineering (Huntington)

• bld Architecture (Patchogue)

• Frank G. Relf Architect (Melville)

Construction is already underway and completion is expected in Q3 2026.

Why This Matters for the Hamptons

Industrial space is a scarce commodity in the Hamptons, where demand from contractors, tradespeople, and local service providers often outpaces supply. By introducing modern shallow-bay industrial buildings and a large self-storage component, Quogue Business Park promises to ease pressure for local businesses while also offering much-needed storage solutions for residents.

As Aiese of JLL noted, the development provides a “modern, differentiated offering” that boosts efficiency for small businesses while giving the community flexible storage options.

FAQ: Quogue Business Park

Where is Quogue Business Park located?
The development is rising at 8 Midhampton Avenue in the Village of Quogue, on a 19-acre parcel.

What types of spaces will be available?
Two multi-tenant industrial buildings with units starting at 5,000 square feet, plus an 82,200-square-foot self-storage facility.

When will the project be completed?
Construction is expected to finish in the third quarter of 2026.

Who is developing the project?
The Renatus Group and Declaration Partners, with financing arranged by JLL Capital Markets.

Why is this project significant?
The Hamptons has limited industrial and storage space. This project will give local businesses and residents much-needed facilities, while also adhering to environmental preservation standards.