Industrial Real Estate


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Clockwise from the top: Dov Hertz and Sunset Industrial Park at 75-81 20th Street in Brooklyn; 155 West 29th Street and 1640 Flatbush Avenue in Brooklyn (Credit: Google Maps; 1640 Flatbush via S9 Architecture)

Worst month of the year for big construction filings

New York City might get a little quieter: July was the slowest month of the year for large construction...

Worst month of the year for big construction filings
67-25 Otto Road and Silex CEO Wes Sights (Google Maps, iStock)

The $112M warehouse transaction that wasn’t

After public records led to reports that three industrial spaces in Queens sold for $112 million, the supposed seller...

The $112M warehouse transaction that wasn’t
Blackstone’s Jonathan Gray

TRD Insights: Here’s how much tenants pay for space at Blackstone’s massive industrial portfolio

When Blackstone Group shelled out $18.7 billion last year for 179 million square feet of industrial space, it was one of the largest real...

TRD Insights: Here’s how much tenants pay for space at Blackstone’s massive industrial portfolio
48-49 35th Street in Long Island City and North River Company's Forrest Mas (Google Maps, North River Company)

Maquette doubles space at Matsil Building in Long Island City

The full-service fine arts logistics company Maquette is doubling its occupancy at the Matsil Building in Long Island City...

Maquette doubles space at Matsil Building in Long Island City
 Jeff Bezos and 1055 Bronx River Ave (Getty, Google Maps)

Amazon takes over Bronx warehouse once home to rival Jet.com

Amazon has leased a 200,000-square-foot warehouse in the Bronx that was previously used by its rival Jet.com. The e-commerce...

Amazon takes over Bronx warehouse once home to rival Jet.com
(Credit: iStock)

NYC industrial market tightened in first quarter: TRD Insights

While the coronavirus has devastated much of New York City’s economy, its industrial market in the first quarter was...

NYC industrial market tightened in first quarter: TRD Insights
Prologis CEO Hamid Moghadam and 230-19 Int. Airport Center Blvd in Queens (Credit: Prologis; Google Maps)

Prologis granted rent relief to just 7% of tenants that asked

Prologis, one of the largest owners of industrial real estate, granted rent deferrals to just 7 percent of its...

Prologis granted rent relief to just 7% of tenants that asked
Coronavirus portends a less dense world, Sam Chandan says

Coronavirus portends a less dense world, Sam Chandan says

The coronavirus pandemic is causing the future of real estate to arrive ahead of schedule, according to Sam Chandan,...

Coronavirus portends a less dense world, Sam Chandan says
Industrial brokers say coronavirus is hurting but not destroying interest in their properties. (Credit: iStock)

Boom’s over, but industrial brokers keep busy

Soon after Gov. Andrew Cuomo put New York’s strict social distancing rules in place, industrial broker Thomas Donovan’s phone...

Boom’s over, but industrial brokers keep busy
A rendering of 2505 Bruckner Boulevard and Andrew Chung (Credit: Innovo Property Group) 

Innovo, Square Mile land $305M in construction financing for Bronx warehouse

Andrew Chung’s Innovo Property Group and Square Mile Capital Management have secured $305 million in construction financing for a...

Innovo, Square Mile land $305M in construction financing for Bronx warehouse
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