Industrial - New York
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Major NYC Project in Limbo After Rezoning Is Scuttled
Political pressure prompted Industry City’s developers to withdraw the 1 million-square-foot plan, but some local leaders remain hopeful that the Brooklyn waterfront project will eventually move forward.
25 September 2020 11:01 -
Queens Industrial Asset Trades for $75M
Traub Capital purchased the building following its acquisition of cosmetics manufacturer MANA Products.
11 September 2020 12:55 -
JV Secures $105M for Bronx Distribution Hub
Turnbridge Equities is teaming up with Dune Real Estate Partners to build the state-of-the-art logistics project in the New York City borough.
09 September 2020 19:10 -
Clark Machemer’s Development Journey With the Titans
More than two decades in the real estate development industry, Machemer’s career was shaped by The Rockefeller Group and Crow Holdings. Here’s what he’s learned along the way.
07 August 2020 03:51 -
Sitex Group Trades $112M Queens Industrial Portfolio
The three Class B buildings total 235,500 square feet at Long Island’s largest railway junction.
24 June 2020 07:43 -
Crow Holdings Pockets $164M for Central New Jersey Warehouse
The sale of a new 925,000-square-foot facility in Franklin Township marks one of the nation’s largest single-asset industrial trades during the pandemic.
18 June 2020 12:53 -
Queens Warehouse Scores $40M Refi
Maxim Credit Group provided the financing package for the nearly 600,000-square-foot industrial asset in Maspeth.
18 June 2020 12:30 -
Cushman & Wakefield Arranges 103 KSF Sublease
A board game manufacturer will occupy the space in a New Jersey industrial building owned by the Abu Dhabi Investment Authority.
12 June 2020 16:10 -
New Jersey Industrial Facility Scores $20M Refi
Working on behalf of Elberon Development Group, JLL arranged the 20-year, fixed-rate loan.
19 May 2020 12:53 -
Bronx Industrial Project Gets $305M Boost
Innovo Property Group and Square Mile Capital Management will use the financing to build the largest logistics facility in New York City.
03 April 2020 12:27 -
Cuomo Signs $341M for Moses-Adirondack Smart Path Reliability Project
The rebuilt transmission line phase is expected to begin this year, with completion anticipated for 2023.
06 February 2020 18:56 -
CenterPoint Pays $134M for Brooklyn Industrial Portfolio
The 925,411-square-foot, three-building warehouse space is part of the Flatlands Industrial Park.
15 January 2020 15:19 -
Prologis Inks New Jersey Renewal, Expansion
Visual Graphics Systems will expand its footprint into 106,890 square feet in the Carlstadt/Rutherford submarket.
09 January 2020 14:58 -
NY Approves 124MW Wind Farm in Broome County
The project will create an estimated 150 direct jobs during construction and seven full-time jobs during the operation of the facility.
20 December 2019 22:01 -
Crow Holdings Inks Mega-Lease in New Jersey
A global electronics manufacturer will soon move into the entirety of an upcoming 925,000-square-foot industrial development.
19 December 2019 12:13