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Madison partners with Artemis on $78M Jamaica buy

Madison partners with Artemis on $78M Jamaica buy

The properties at 184-10 and 184-60 Jamaica Avenue span 613,000 square feet and are around 80 percent leased, Crain’s reported. The buyers landed an acquisition loan from private equity firm KKR.

Cushman & Wakefield brokered the partnership deal. Pinnacle Realty’s Decio Baio, Fredric Stein, Steve Nadel and Paul Bralower had marketed the site on behalf of the seller.

Read more at The Real Deal