W. Blake Baird Of Terreno Realty Corporation Acquires Industrial Warehouse For $16M In Long Island City

An industrial warehouse located at 11-40 Borden Avenue in Long Island City, Queens has been sold for $16,000,000 in an all-cash deal. The asset type is industrial, and the sale signifies a notable transaction within the market.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $16,000,000
• Buyer: W. Blake Baird - Terreno Realty Corporation
• Seller: Wickersham Realty
• Broker: Chad Sinsheimer - Adirondack Capital Partners

The deal was brokered by Chad Sinsheimer, who represented both the buyer, W. Blake Baird from Terreno Realty Corporation, and the seller, Wickersham Realty, in this transaction involving the industrial asset.