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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 Baio of Pinnacle Realty represented the seller.

Read more at the New York Business Journal