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Commercial Observer Greek Products Importer Takes Big Fat Lease At Lic Warehouse

Greek Products Importer Takes Big Fat Lease at Long Island City Warehouse

The company signed a seven-year lease with an asking rent of $30 per square foot for part of the Skillman Avenue warehouse, according to Pinnacle Realty of New York’s Brendan Burke, who brokered both sides of the deal along with Paul Bralower. Read the full story at Commercial Observer

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Commercial Observer Brooklyn Charter School Imagine Me Moving To 63k Sf Campus At 39 Truxton Street

Brooklyn Charter School Imagine Me Moving to 63K-SF Campus at 39 Truxton Street

The school signed a 30-year lease at Bawabeh Realty Holdings’ 39 Truxton Street, where it will operate throughout the entire building, according to tenant brokers Open Impact Real Estate. The school will relocate 2.8 miles from 818 Schenck Avenue in Brooklyn’s East New York neighborhood. Stephen Powers, Lindsay Ornstein and Jake Cinti of Open represented the tenant while Steve Nadel and Nechama Liberow of Pinnacle Realty of New…

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Commercial Observer Fly E Bike Signs 52k Sf Industrial Lease In Maspeth

Fly E-Bike Signs 52K-SF Industrial Lease in Maspeth

The company signed a five-year, 52,000-square-foot lease to open a warehouse at The Davis Companies’ 58-30 Grand Avenue, Crain’s New York Business first reported. C&W’s Joseph Hentze, Joshua Kleinberg, Helen Paul, Rico Murtha, Gurpreet “Sonny” Singh and Amanda Gerhardt represented The Davis Companies in the deal while Pinnacle Realty handled negotiations on behalf of Fly E-Bike. Read the full story at Commercial Observer  

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Kesten Family Acquires Industrial Site In Long Island City For $11.3M

Pinnacle Realty of New York is thrilled to announce this sale, highlighting the flexibility it offers to the new owner. A unique site in Long Island City has been sold for a transaction amount of $11,335,000.  The buyer in this transaction is the Kesten Family, while the seller is the Perno Family. Acting as brokers…

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