SOLD
Two Trees Management Acquires 240K SF Industrial Property In Brooklyn For $62M
1-37 12th Street
Industrial
2,400,000 SF
2,400,000 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Industrial
2,400,000 sqft
The industrial property located at 1-37 12th Street in Brooklyn, New York has been sold in a closed transaction for $62,000,000. The property spans 240,000 square feet and has a price per square foot of $201.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $62,000,000
- Size: 240,000 sf
- Price per Square Foot: $201
- Address: 1-37 12th Street, Brooklyn, New York
- Market: Brooklyn
The seller of the property is Team Slope LLC, a joint venture between Meral Property Group and Joyland Group. The buyer in this transaction is Two Trees Management Company, represented by Jed Walentas. The deal was facilitated by brokers Ofer Cohen, Daniel Lebor, and Dan Marks.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Jed Walentas, Ofer Cohen, Daniel Lebor and Dan Marks
DATE: 05/31/2018
ADDRESS: 1-37 12th Street
CITY: New York
MARKET: Brooklyn
ASSET TYPE: Industrial
PRICE: $62,000,000
SF: 240,000 sf
PPSF: $201
SELLER: Team Slope LLC – Joint Venture Between Meral Property Group and Joyland Group
BUYER: Two Trees Management Company – Jed Walentas
BROKER: […]View on map
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Address1-37 12th Street
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