{"id":1004548763,"date":"2021-08-27T07:42:32","date_gmt":"2021-08-27T15:42:32","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004548763"},"modified":"2022-12-08T01:31:16","modified_gmt":"2022-12-08T09:31:16","slug":"top-5-nyc-industrial-building-sales-august-2021","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-industrial-building-sales-august-2021\/","title":{"rendered":"Top 5 NYC Industrial Building Sales\u2014July 2021"},"content":{"rendered":"
\"\"<\/a>

Source: PropertyShark, a Yardi Systems Inc. company<\/p><\/div>\n

    \n
  1. 1301 Metropolitan Ave., Brooklyn<\/a>
    \nSale Price: $18,175,000<\/li>\n<\/ol>\n

    Peabody Webster Holdings sold the 70,000-square-foot Williamsburg site to an entity affiliated with J&R Acquisitions. The lot currently holds a 24,605-square-foot warehouse that was occupied by M. Fine Lumber for 85 years. Triangle Services took over the company\u2019s lease in 2017, according to the Commercial Observer<\/em>. Completed in 1920, the one-story property has 26-foot heights.<\/p>\n

      \n
    1. 252 Newport St., Brooklyn<\/a>
      \nSale Price: $16,638,750<\/li>\n<\/ol>\n

      Kayne Anderson Capital Advisors sold the 69,000-square-foot self storage warehouse to an affiliate of Life Storage. The buyer secured a $14.4 million acquisition loan, which carries a 5.5 percent interest rate and is scheduled to mature in June 2031. Kayne Anderson bought the Brownsville property for $20.8 million in 2019. According to Life Storage\u2019s website, the facility features 24\/7 surveillance and climate-controlled units.<\/p>\n

        \n
      1. 529 W. 46th St., Manhattan<\/a>
        \nSale Price: $16,010,000<\/li>\n<\/ol>\n

        Julius Louis Co. LLC sold the 12,500-square-foot Hell\u2019s Kitchen asset to an entity affiliated with National Refrigerants Inc. The three-story property last changed hands in 2002. Featuring two commercial units, the facility includes 1,171 square feet of office and 10,415 square feet of storage space. Additionally, the property encompasses 914 square feet of garage space and 34-foot heights.<\/p>\n

          \n
        1. 131-21 14th Ave., Queens<\/a>
          \nSale Price: $15,250,000<\/li>\n<\/ol>\n
          \"\"<\/a>

          131-21 14th Ave., Queens<\/p><\/div>\n

          InSite Property Group acquired the College Point property from Safeguard Self Storage and secured $33.8 million in financing from Valley National Bank. At the time of sale, the 1.7-acre lot held two warehouses. According to InSite\u2019s website, the newly acquired site will house a ground-up self storage development spanning four stories and 132,000 square feet, serving a growing population of 440,000 residents within a 3-mile radius.<\/p>\n

            \n
          1. 95-25 149th St., Queens<\/a>
            \nSale Price: $10,000,000<\/li>\n<\/ol>\n

            An entity connected to Abbott Industries Inc. sold a three-building industrial portfolio to Radix Capital. The buyer completed the purchase with the help of a $9 million financing package provided by Lightstone Capital. The portfolio included the 41,600-square-foot, six-story facility at 95-25 149th St., the 8,700-square-foot, two-story building at 95-12 150th St.<\/a>, and the 2,400-square-foot, one-story property at 95-08 150th St.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

            PropertyShark compiled the metro’s top deals of the month for the sector.<\/p>\n","protected":false},"author":1269,"featured_media":1004548907,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21748,1600,10,37790],"tags":[],"class_list":["post-1004548763","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrial","category-new-york","category-northeast","category-rc-retail-nyc-spotlight"],"acf":[],"yoast_head":"\nTop 5 NYC Industrial Building Sales\u2014July 2021 - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-industrial-building-sales-august-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top 5 NYC Industrial Building Sales\u2014July 2021\" \/>\n<meta property=\"og:description\" content=\"PropertyShark compiled the metro's top deals of the month for the sector.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/top-5-nyc-industrial-building-sales-august-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-27T15:42:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T09:31:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/08\/131-21-14th-Ave.-industrial.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"the Editors of Commercial Property Executive\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-nyc-industrial-building-sales-august-2021\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-nyc-industrial-building-sales-august-2021\\\/\"},\"author\":{\"name\":\"the Editors of Commercial Property Executive\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1b82b91678533ae5d40e3240086a42bb\"},\"headline\":\"Top 5 NYC Industrial Building Sales\u2014July 2021\",\"datePublished\":\"2021-08-27T15:42:32+00:00\",\"dateModified\":\"2022-12-08T09:31:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-nyc-industrial-building-sales-august-2021\\\/\"},\"wordCount\":351,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-nyc-industrial-building-sales-august-2021\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/08\\\/131-21-14th-Ave.-industrial.jpg\",\"articleSection\":[\"Industrial\",\"New York\",\"Northeast\",\"Retail (NYC Spotlight)\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-nyc-industrial-building-sales-august-2021\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/top-5-nyc-industrial-building-sales-august-2021\\\/\",\"name\":\"Top 5 NYC Industrial Building Sales\u2014July 2021 - 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