Two Trees Management Company Acquires Industrial Asset In Gowanus, Brooklyn For $53M
118-136 2nd Avenue, 73 12th Street and 1 11th Street
Industrial
392,073 SF
392,073 SF
Sold 1 year ago
Summary
The sale of a 392,073 square foot industrial property in Gowanus, Brooklyn, has been completed. The property, located at 118-136 2nd Avenue, 73 12th Street, and 1 11th Street in New York, was sold for a total price of $53,000,000. The buyer, Two Trees Management Company, was represented by Jed Walentas, while the seller, Forest City Ratner Companies, was represented by David Larue.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $53,000,000
- Address: 118-136 2nd Avenue, 73 12th Street, and 1 11th Street, New York
- Market: Gowanus, Brooklyn
TerraCRG, represented by Ofer Cohen, Dan Marks, and Daniel Lebor, acted as the broker for the sale. The price per square foot of the property was $135. The transaction took place on April 12, 2018.
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118-136 2nd Avenue, 73 12th Street and 1 11th Street
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