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Pinnacle Realty

  • About
  • Listings
  • Our Team
    • Partners
    • Brokers/Salespeople
    • Staff
  • News
  • Contact
718-784-8282

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Prologis buys Brooklyn industrial property near Netflix studio for $27.5 million

By

Carolina Bergara

December 28, 2021

Prologis has picked up an industrial property in East Williamsburg, Brooklyn, for $27.5 million. The site at 280 Johnson Ave. includes a 33,550-square-foot building with an adjacent lot. Babureddy Mareddy was the seller. Ofer Cohen, Dan Marks and Daniel Lebor of TerraCRG represented the buyer, Prologis (NYSE: PLD), in the deal. David Junik and Decio…

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BrooklynFor SaleHot Property
Article 2 (2)

Co-Warehousing Startup ReadySpaces Takes 90K SF in Ridgewood

By

Carolina Bergara

December 1, 2021

Flex warehouse operator ReadySpaces has leased 90,000 square feet of space in a Chetrit-owned industrial property in Ridgewood, Queens, according to the tenant’s brokers. The 10-year deal at 59-10 Decatur Street, between Forest and Myrtle avenues, is ReadySpaces’ first lease in New York City, The Real Deal reported last week. The brokers involved in the deal declined to provide the asking…

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BrooklynCommercial ObserverFor LeaseHot Property
Article1

Chetrit’s Queens industrial loft signs warehouse startup for 90K sf

By

Carolina Bergara

November 29, 2021

Flex-warehouse startup ReadySpaces has inked a 90,000-square-foot lease at Isaac Chetrit’s industrial loft building in Ridgewood, Queens. Led by co-founders John Zimmerman and Kevin Petrovic, the company has been growing its footprint with long-term leases on or purchasing large Class B and C warehouses. ReadySpaces has more than 20 locations in North America, spanning more…

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Real Deal
Article 1

Sitex Group pays $50M for Maspeth industrial property

By

Carolina Bergara

November 2, 2021

Sitex Group has snapped up a 3.37-acre industrial site in Maspeth for about $50 million, more than 10 times what the seller bought it for 17 years ago. The New Jersey-based industrial firm recently closed on the deal to acquire the property at 58-80 Borden Avenue, Pinnacle Realty’s David Junik told The Real Deal. Read more at The…

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BrooklynFor SaleHot PropertyReal DealReal Estate AgentTop Seller
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