RedSky Capital Acquires Commercial Property In Downtown Brooklyn For $14.5M

RedSky Capital has acquired a commercial property located at 571 Fulton Street in Downtown Brooklyn, in a closed transaction that took place on September 6, 2018. The property was sold by Reliance Trust Company for a total price of $14,500,000, with a price per square foot of $1,365.

Summary of transaction details

• Property Type: Commercial
• Transaction Amount: $14,500,000
• Address: 571 Fulton Street, Downtown Brooklyn
• Buyer: RedSky Capital
• Seller: Reliance Trust Company
• Brokers: Ofer Cohen, Dan Marks, Daniel Lebor, Mike Hernandez from @terracrg

Ofer Cohen, Dan Marks, Daniel Lebor, and Mike Hernandez, representing @terracrg, played a key role in facilitating the transaction as brokers for both the buyer and the seller.