Terreno Realty Acquires Industrial Property At 43-27 33rd Street For $7.6M With Broker Evan Daniel

The property asset involved in this transaction is located at 43-27 33rd Street, Long Island City. The sale consists of an industrial type asset that encompasses 20,000 square feet and was transacted for a sale price of $7,600,000, resulting in a price per square foot of $380.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $7,600,000
• Buyer: Terreno Realty
• Seller: John Dierks
• Broker: Evan Daniel - Modern Spaces
• Date of Sale: 4/24/2025

In this transaction, Evan Daniel from Modern Spaces represented the seller, John Dierks. The broker highlighted an upcoming opportunity to connect with clients and industry professionals at The Wynn, Las Vegas during ICSC from May 18-20, where they will be discussing Western Queens real estate and marketing over $200 million in commercial and investment property.