All Posts in Tag: Real Deal

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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…

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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…

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Sitex Group pays $50M for Maspeth industrial property

Sitex Group has snapped up a 3.37-acre industrial site in Maspeth for about $50 million, more than 10 times what the seller bought it for 17 years ago. The New Jersey-based industrial firm recently closed on the deal to acquire the property at 58-80 Borden Avenue, Pinnacle Realty’s David Junik told The Real Deal. Read more at The…

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Madison Capital snatches up Red Hook industrial sites for $45M

Real estate investment firm Madison Capital acquired two adjacent industrial lots in Red Hook for $45 million. The seller of the combined 160,000-square-foot sites at 688 and 702 Court Street was Pearl Realty’s Jack Guttman, according to property records. The parcels are zoned for industrial and manufacturing, with the ability to build nearly 320,000 square feet. PincusCo first…

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