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...
Industrial Real Estate
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National
Stockbridge and South Korean firm strike $2B warehouse deal
Shopping online more than usual? Real estate investors are taking notice. With a surge in e-commerce creating more demand...
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...
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...