Terreno Realty Corporation Acquires Industrial Building From Henry Burney In East Williamsburg, Brooklyn For $11,900,000

An industrial building located at 181 Lombardy Street in East Williamsburg, Brooklyn, was sold in a transaction involving the buyer, Blake Baird of Terreno Realty Corporation, and the seller, Henry Burney. The sale price for the property was $11,900,000, with a total square footage of 24,000 and a price per square foot of $496.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $11,900,000
• Address: 181 Lombardy Street
• Market: East Williamsburg, Brooklyn
• Buyer: Blake Baird - Terreno Realty Corporation
• Seller: Henry Burney

Terreno Realty Corporation, headquartered in San Francisco, made the acquisition through its entity Terreno 1215 Walnut LLC from Henry Burney's Sfm181, LLC, securing the industrial property at 181 Lombardy Street in East Williamsburg, Brooklyn.