Jed Walentas Of Two Trees Management Acquires Industrial Asset In Gowanus For $37.5M

The industrial building located at 37 9th Street in Gowanus, Brooklyn was transacted for a price of $37,500,000. The property encompasses a total space of 118,367 square feet, resulting in a price per square foot of $317.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $37,500,000
• Buyer: Jed Walentas - Two Trees Management
• Seller: Aaron Berger
• Date of Sale: 03/13/2026
• Market: Gowanus, Brooklyn
• Square Footage: 118,367
• Price Per Square Foot: $317

Jed Walentas, representing Two Trees Management, acquired the property through Gowanus 9th Street Holdings LLC. The buyer plans to engage in ground-up development on the site post-acquisition.