Innovo lands $155M construction loan for latest last-mile development
Innovo Property Group has closed on a $155 million construction loan for 23-30 Borden Avenue in Long Island City. The loan, provided by an affiliate
Tag : distribution
MRA buys CT distribution center for $50M
Metropolitan Realty Associates (MRA), an investment company led by Joseph A. Farkas, has acquired a 304,249 s/f industrial property at 456 Sullivan Avenue, South Windsor,
JV secures $12.6M construction loan for NJ distribution facility
JLL Capital Markets has arranged $12.66 million in construction financing for the development of 130 Commerce Center, a Class A, 171,000 s/f, state-of-the-art industrial warehouse
Dov Hertz forms JV to build next distribution hub
Dov Hertz’s DH Property Holdings has acquired a 45-acre development site at 1900 South Avenue on Staten Island’s western coast for a reported $65 million.
Brookfield acquires Bronx distribution site for $28M
JLL Capital Markets has completed the sale of 845 East 136th Street in the Port Morris section of the South Bronx on behalf of AEW
Lee & Associates brokers 375,000 s/f HelloFresh lease
New York brokers Dennis Someck and Justin Myers have leased a 375,000 s/f distribution center for meal-kit giant HelloFresh. The Lee & Associates duo quarterbacked
‘Performance investors’ acquire $23M NJ logistics hub
CBRE has arranged the sale of a 432,000 s/f industrial facility located at 3100 N. Mill Road in Vineland, New Jersey. High Street Logistics Properties
JLL ready to go extra mile for last-mile distribution center in Bronx
As demand for warehouse space in New York City continues to rise, the first new multi-story industrial buildings on the East Coast have been unveiled.
Advance Realty, F. Greek build 190,000 s/f refrigerated warehouse
The joint-venture partnership of Advance Realty and F. Greek Development has completed construction on a 190,000 s/f, refrigerated storage and distribution center in Woodbridge, New