ON THE SCENE: Roundup of middle market sales, exclusives
Real Estate Weekly
Klosed Properties has acquired 285 Quincy Street in Brooklyn for $2,500,000. The 21-unit, rent stabilized multifamily property is almost
Developer buys Brooklyn site for $2 million with plans for mixed-use project
New York Business Journal
The buyer is planning a mixed-use building with residential and retail at the site. Read the full article
Marks, Lebor and Finnerty of TerraCRG exclusively sells retail building in Brooklyn for $3.15 million
NYREJ
TerraCRG closed on the sale of a retail building at 5501Glenwood Rd. in the East Flatbush neighborhood for
Recent Commercial Real Estate Transactions
The New York Times
Recent Sale $3.15 MILLION 5501 Glenwood Road (at East 55th Street) Brooklyn Built in 1949, this single-story building in
Brooklyn’s Greenpoint Landing Nabs Second Food Market
Commercial Observer
Prestige Organic Market signed a 10-year lease for 3,100 square feet at 5 Blue Slip, according to developer Park Tower Group.
5 Reasons Brooklyn Is Faring Better Than Manhattan
Commercial Observer
Manhattan is the thing that is on many real estate professionals’ minds, and what they want to talk
TerraCRG executes 11,226 s/f lease with Datacubed in Brooklyn
NYREJ
TerraCRG completed an 11,226 s/f lease at 384 Bridge St., downtown. The tenant, Datacubed Health, a patient engagement
Amazon Delivers Hope to Brooklyn Office Market
Commercial Observer
Amazon’s music streaming service took 40,000 square feet of production space at Rubenstein Partners and Heritage Equity Partners’ 25 Kent,
Recent Commercial Real Estate Transactions
The New York Times
Recent Sale $29.5 MILLION 6201 15th Avenue (at 62nd Street) Brooklyn This 151,000-square-foot four-story office building is in Bensonhurst.
Crossley Acoustics signs new 7,500-square-foot lease in Brooklyn
New York Business Journal
Crossley Acoustics, a recording studio design and engineering firm, has signed a 7,500-square-foot lease for a new space
RE industry hails Amazon Music lease deal
Brooklyn Daily Eagle
Players in the commercial real estate industry are hailing Amazon Music’s signing a lease at 25 Kent, a
Brooklyn office property trades for $29.5M
Real Estate Weekly
TerraCRG announced it brokered sale of the office building at 6201 15th Avenue and parking lot at 6310
“Overwhelming majority” of Brooklyn retailers asking for rent relief: report
The Real Deal
Retail tenants in Brooklyn are requesting rent help from their landlords in droves as the pandemic rages on
Cosentino, Bijou and Laboz of TerraCRG sell renovated, free-market building in Bushwick, Brooklyn for $1.95 million
New York Real Estate Journal
TerraCRG has completed the sale of 89 Wyckoff Ave., a free-market, mixed-used building in the Bushwick neighborhood. TerraCRG
Brooklyn Bound: Companies Eye Brooklyn Offices Post-Coronavirus
Commercial Observer
The coronavirus pandemic could turn into a much-needed shot in the arm for Brooklyn’s sluggish office market. While