facebook
Traded Co logo
Submit a Deal
475 Doughty Boulevard
SOLD

Starwood Capital Group Acquires 10 Industrial Properties In Inwood, Queens For $146M

475 Doughty Boulevard

Industrial
4,506,372 SF
clock iconSold 259 days ago
Phil Heilpern
Robert "Bo" Cashman
Jonathan Beard
+ 10
the dealplayerscompscontact
share iconContact now

Summary

Sale
NEW YORK
Industrial
4,506,372 sqft

A portfolio of 10 industrial properties near JFK International Airport in Queens, New York has been sold for $146 million. The properties are located at 475 Doughty Boulevard, 447 Doughty Boulevard, 453 Doughty Boulevard, 40 Inip Drive, 41 Inip Drive, 55 Inip Drive, 71 Inip Drive, 90 Inip Drive, 95 Inip Drive, and 100 Inip Drive.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $146,000,000
  • SF: 501,000
  • PPSF: $291
  • Market: Inwood, Queens

Starwood Capital Group, led by Barry S. Sternlicht, and Onyx Acquisition IV jointly acquired these properties. The seller, Ben Elias Industries Corp., represented by Allan Elias of the Elias Family, finalized the deal. The transaction was facilitated by CBRE, with brokers Brad Ruppel, Brian Fiumara, Doug Middleton, Joe Hill, Jonathan Beard, Lauren Dawicki, Martin Lomazow, Matt Manoogian, Michael Hines, Paul Leone, Phil Heilpern, and Robert Cashman.

It is worth noting that CBRE played a crucial role in the acquisition, assisting Starwood Capital Group and Onyx Acquisition IV in the purchase of these industrial properties near JFK International Airport in Queens, New York.

Players

  • All

    13

  • Agents

    12

  • Agencies

    1

Phil Heilpern's profile picture
Phil Heilpern
CBRE-image
$146M Sold
Joe Hill's profile picture
$464.5M Sold
Paul Leone's profile picture
Michael Hines's profile picture
Lauren Dawicki's profile picture
Brian Fiumara's profile picture
Matt Manoogian's profile picture

Details

Deal Summary
minus icon
SOLD
IMAGE: Brad Ruppel, Lauren Dawicki, Doug Middleton, Joe Hill, Jonathan Beard, Brian Fiumara, Barry S. Sternlicht, Martin Lomazow, Matt Manoogian, Michael Hines, Paul Leone, Phil Heilpern, Robert Cashman DATE: 09/12/2023 ADDRESS: 475 Doughty Boulevard, 447 Doughty Boulevard, 453 Doughty Boulevard, 40 Inip Drive, 41 Inip Drive, 55 Inip Drive, 71 Inip Drive, 90 Inip Drive, 95 Inip Drive & 100 Inip Drive MARKET: Inwood, Queens ASSET TYPE: Industrial BUYER: Starwood Capital Group - Barry S. Sternlicht; Onyx Acquisition IV SELLER: Ben Elias Industries Corp. - Elias Family - Allan Elias BROKERS: Brad Ruppel, Brian Fiumara, Doug Middleton, Joe Hill, Jonathan Beard, Lauren Dawicki, Martin Lomazow, Matt Manoogian, Michael Hines, Paul Leone, Phil Heilpern (@PhilHeilpern) & Robert Cashman - CBRE (@CBRE) SALE PRICE: $146,000,000 SF: 501,000 ~ PPSF: $291 NOTE: Starwood Capital Group and Onyx Acquisition IV jointly acquired a portfolio of 10 industrial properties near JFK International Airport in Queens, New York, for $146 million, with CBRE facilitating the transaction.

View on map

Loading...

Address475 Doughty Boulevard

Comparables

No listingsThis user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want