Industrial Real Estate


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55-15 Grand Avenue, Queens; Phil A. Belling of LBA Realty; Jamie Dimon of JPMorgan Chase (Getty, RXR/BL Architects)

LBA lands $316M loan for Amazon warehouse in Maspeth

LBA Realty has secured $316 million in loans for a mammoth vertical warehouse project in Maspeth. JPMorgan Chase is...

LBA lands $316M loan for Amazon warehouse in Maspeth
48-00 Grand Avenue in Maspeth and Prologis CEO Hamid Moghadam (Google Maps; Prologis)

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...

Prologis picks up Maspeth parcel for $51M
Silvercup Studios in Long Island City, NY (Getty)
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...

The rise of soundstage real estate, by the numbers
Matthew Dicker, Adam Gordon and Jeff Bezos with 1255 and 12595 Flatlands Avenue (Getty, Brooklyn Logistics Center) 

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....

Amazon inks major warehouse deal in East New York
554 Fort Washington Avenue (top) and 235 Gardner Avenue (Google Maps)

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...

East Williamsburg warehouse fetches $28M
Amazon CEO Jeff Bezos with (top to bottom) 5 Warehouse Lane in Elmsford in Westchester County, 2300 Linden Boulevard in Brooklyn and 1502 Bassett Avenue in the Bronx (Getty; Google Maps)

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...

Amazon inks three warehouse deals for delivery stations
2055 Anthony Avenue and 1416 Ferris Place (Google Maps)

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...

Ved Parkash picks up Fordham Heights apartment building

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