A group of three developers purchased a three-acre industrial site in Bushwick for $26,750,000 and plans to turn it into a “creative community” with stores, restaurants and office space, according to real estate firm TerraCRG, which brokered the deal. Buyers Normandy Real Estate Partners, Royalton Capital LLC and Sciame Development will repurpose the existing eight buildings on the site, located at 333 Johnson Avenue, according to a release sent out by the developers.
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