News

Article1

Madison Capital signs wellness company in Brooklyn office

Care/of is coming to Liberty Bklyn. Madison Capital and Salmar Properties closed a 79,053-square-foot lease with the popular direct-to-consumer personalized wellness brand. The company’s move-in is slated for mid-2022. James Ferrigno of Jones Lang LaSalle represented the company on the lease while Liberty Bklyn was represented by David Junik, Mark Caso, Steve Nadel and Nechama…

Read More
Exterior

Prologis buys Brooklyn industrial property near Netflix studio for $27.5 million

Prologis has picked up an industrial property in East Williamsburg, Brooklyn, for $27.5 million. The site at 280 Johnson Ave. includes a 33,550-square-foot building with an adjacent lot. Babureddy Mareddy was the seller. Ofer Cohen, Dan Marks and Daniel Lebor of TerraCRG represented the buyer, Prologis (NYSE: PLD), in the deal. David Junik and Decio…

Read More
Article 2 (2)

Co-Warehousing Startup ReadySpaces Takes 90K SF in Ridgewood

Flex warehouse operator ReadySpaces has leased 90,000 square feet of space in a Chetrit-owned industrial property in Ridgewood, Queens, according to the tenant’s brokers. The 10-year deal at 59-10 Decatur Street, between Forest and Myrtle avenues, is ReadySpaces’ first lease in New York City, The Real Deal reported last week. The brokers involved in the deal declined to provide the asking…

Read More
Article1

Chetrit’s Queens industrial loft signs warehouse startup for 90K sf

Flex-warehouse startup ReadySpaces has inked a 90,000-square-foot lease at Isaac Chetrit’s industrial loft building in Ridgewood, Queens. Led by co-founders John Zimmerman and Kevin Petrovic, the company has been growing its footprint with long-term leases on or purchasing large Class B and C warehouses. ReadySpaces has more than 20 locations in North America, spanning more…

Read More