SOLD
CBRE Investment Acquires Industrial Property In Red Hook, Brooklyn For $330M
640 Columbia Street
Industrial
400,000 SF
400,000 SF
Summary
Sale
NEW YORK
Industrial
400,000 sqft
Located at 640 Columbia Street in Red Hook, Brooklyn, this industrial property was recently sold in a transaction. The property spans 400,000 square feet and was sold for a price of $330,000,000, resulting in a price per square foot of $825.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $330,000,000
- Buyer: CBRE Investment
- Seller: DH Property Holdings - Dov Hertz's & Goldman Sachs Asset Management
- Brokers: Adam Spies, Doug Harmon, Joshua King, Adam Doneger, Gary Gabriel & Kyle Schmidt - Cushman & Wakefield
The deal was facilitated by brokers Adam Spies, Doug Harmon, Joshua King, Adam Doneger, Gary Gabriel & Kyle Schmidt, representing CBRE Investment. The seller in the transaction was DH Property Holdings, which includes the involvement of Dov Hertz's and Goldman Sachs Asset Management.
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8
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2
Details
SOLD
IMAGE: Adam Spies, Doug Harmon, Joshua King, Adam Doneger, Gary Gabriel & Kyle Schmidt
DATE: 06/24/2022
ADDRESS: 640 Columbia Street
MARKET: Red Hook, Brooklyn
ASSET TYPE: Industrial
BUYER: CBRE Investment (@CBRE)
SELLER: DH Property Holdings - Dov Hertz's & Goldman Sachs Asset Management (@GoldmanSachs)
BROKERS: Adam Spies, Doug Harmon, Joshua King, Adam Doneger (@ADoneger), Gary Gabriel & Kyle Schmidt - Cushman & Wakefield (@CushWake)
SALE PRICE: $330,000,000
SF: 400,000 ~ PPSF: $825View on map
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Address640 Columbia Street
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