The Johnson Family Purchases Industrial Property From Gillies Coffee For $6.8M In Brooklyn

This sale involves two adjoining industrial properties located at 150 19th Street and 158 19th Street in Brooklyn. The transaction was completed for a total sale price of $6,800,000, covering a combined square footage of 12,383, which translates to a price per square foot of $549.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $6,800,000
• Buyer: The Johnson Family
• Seller: Gillies Coffee
• Broker Representatives: Bobby Lawrence & DJ Johnston - Matthews Real Estate Investment Services
• Square Footage: 12,383
• Price per Square Foot: $549
• Date of Transaction: 01/15/2025
• Market: Brooklyn

Bobby Lawrence and DJ Johnston from Matthews Real Estate Investment Services represented the transaction between the Johnson Family and Gillies Coffee, facilitating the exchange of this industrial asset in Brooklyn. Their representation underscores their role in negotiating the interests of both the buyer and seller throughout the process.