{"id":10087,"date":"2019-12-20T07:36:06","date_gmt":"2019-12-20T07:36:06","guid":{"rendered":"https:\/\/pinnaclereny.com\/innovo-property-group-scoops-bronx-warehouse\/"},"modified":"2021-02-18T19:28:34","modified_gmt":"2021-02-18T19:28:34","slug":"innovo-property-group-scoops-bronx-warehouse","status":"publish","type":"post","link":"https:\/\/pinnaclereny.com\/news-and-press\/innovo-property-group-scoops-bronx-warehouse\/","title":{"rendered":"Innovo Property Group Scoops Bronx Warehouse"},"content":{"rendered":"<div>NEW YORK CITY \u2013 Innovo Property Group, a New York City-based real estate investment and operating company, has acquired 511 Barry St., a 140,000-square-foot    warehouse in the Hunts Point neighborhood of the Bronx for $54 million. Granite Point Mortgage Trust Inc., a Pine River Capital managed company, loaned    $46 million for the acquisition.    <\/p>\n<\/div>\n<div>511 Barry Street is a great facility in an ideal location poised to service all of New York City,\u201d he said in a prepared statement. Brokerage firm Pinnacle    Realty represented IPG on the acquisition.<\/div>\n<div>&nbsp;<\/div>\n<div>IPG has been active on the New York City investment scene since 2015, particularly in the industrial sector and on last-mile warehouse facilities. The    acquisition of 511 Barry St. is the second investment the company has made in the Bronx.    <\/div>\n<div>&nbsp;<\/div>\n<p><a href=\"https:\/\/www.globest.com\/2019\/12\/19\/innovo-property-group-scoops-bronx-warehouse\/?slreturn=20191120105019\" title=\"Innovo Property Group Scoops Bronx Warehouse\" target=\"_blank\" class=\"button\" rel=\"noopener noreferrer\">Read more at GlobeSt.com<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK CITY \u2013 Innovo Property Group, a New York City-based real estate investment and operating company, has acquired 511 Barry St., a 140,000-square-foot warehouse in the Hunts Point neighborhood of the Bronx for $54 million. Granite Point Mortgage Trust Inc., a Pine River Capital managed company, loaned $46 million for the acquisition. 511 Barry&#8230;<\/p>\n","protected":false},"author":4,"featured_media":10314,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[61],"tags":[65,66,67],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Innovo Property Group Scoops Bronx Warehouse - Pinnacle Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pinnaclereny.com\/news-and-press\/innovo-property-group-scoops-bronx-warehouse\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Innovo Property Group Scoops Bronx Warehouse - Pinnacle Realty\" \/>\n<meta property=\"og:description\" content=\"NEW YORK CITY \u2013 Innovo Property Group, a New York City-based real estate investment and operating company, has acquired 511 Barry St., a 140,000-square-foot warehouse in the Hunts Point neighborhood of the Bronx for $54 million. Granite Point Mortgage Trust Inc., a Pine River Capital managed company, loaned $46 million for the acquisition. 511 Barry...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pinnaclereny.com\/news-and-press\/innovo-property-group-scoops-bronx-warehouse\/\" \/>\n<meta property=\"og:site_name\" content=\"Pinnacle Realty\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-20T07:36:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-02-18T19:28:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/pinnaclereny.com\/wp-content\/uploads\/2020\/10\/img-768313.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"782\" \/>\n\t<meta property=\"og:image:height\" content=\"621\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Carolina Bergara\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Carolina Bergara\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/pinnaclereny.com\/news-and-press\/innovo-property-group-scoops-bronx-warehouse\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/pinnaclereny.com\/news-and-press\/innovo-property-group-scoops-bronx-warehouse\/\"},\"author\":{\"name\":\"Carolina Bergara\",\"@id\":\"https:\/\/pinnaclereny.com\/#\/schema\/person\/ea0aa450dbfa269d3d7a9297fac6ec1e\"},\"headline\":\"Innovo Property Group Scoops Bronx Warehouse\",\"datePublished\":\"2019-12-20T07:36:06+00:00\",\"dateModified\":\"2021-02-18T19:28:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/pinnaclereny.com\/news-and-press\/innovo-property-group-scoops-bronx-warehouse\/\"},\"wordCount\":133,\"publisher\":{\"@id\":\"https:\/\/pinnaclereny.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/pinnaclereny.com\/news-and-press\/innovo-property-group-scoops-bronx-warehouse\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pinnaclereny.com\/wp-content\/uploads\/2020\/10\/img-768313.jpg\",\"keywords\":[\"For Sale\",\"Hot Property\",\"The Bronx\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/pinnaclereny.com\/news-and-press\/innovo-property-group-scoops-bronx-warehouse\/\",\"url\":\"https:\/\/pinnaclereny.com\/news-and-press\/innovo-property-group-scoops-bronx-warehouse\/\",\"name\":\"Innovo Property Group Scoops Bronx Warehouse - 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