Prologis picks up Maspeth parcel for $51M
Prologis is broadcasting that the industrial market remains hot in the outer boroughs. The industrial giant picked up 223,000 square feet of land at 48-00 Grand Avenue in Maspeth for $51 million from a...
Industrial Real Estate
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National Insights
The rise of soundstage real estate, by the numbers
Private equity giant Blackstone announced in June that it would acquire a 49 percent stake in a portfolio of...
Amazon inks major warehouse deal in East New York
Amazon Logistics has inked a new 211,000-square-foot lease to open a delivery station in East New York in Brooklyn....
East Williamsburg warehouse fetches $28M
The industrial market is one of the few sectors to see activity jump in recent months. In the third quarter, industrial tenants signed on for 1.6 million square feet of space across New York...
Amazon inks deal for 312K-sf at Thor’s Red Hook warehouse
Amazon is continuing its expansion spree in the five boroughs with a major warehouse deal in Brooklyn. The e-commerce...
Amazon inks three warehouse deals for delivery stations
Amazon is continuing its expansion spree in New York with three new delivery stations. The e-commerce giant has inked...
Ved Parkash picks up Fordham Heights apartment building
The Bronx captured the only two commercial property trades between $10 million and $30 million last week. Notorious landlord...
National Issue
Square Mile’s Craig Solomon on his big bet on studio space, today’s capital stack and the dangers of socialism
It’s hard to pigeonhole Square Mile Capital. The investment firm has been among the most active players of this cycle in all parts of...
Amazon inks huge deal for 975K sf warehouse
Amazon’s industrial footprint in New York City is officially Bigfoot-sized. The e-commerce giant secured a 975,000-square-foot warehouse at the Matrix Global Logistics Park in Staten Island, Crain’s reported. It was the largest industrial deal...
Industrial leasing surges in NYC as other sectors flounder
Leasing office or retail space in New York City — or Manhattan apartments, for that matter — is slow...