Goldman, Blumenfeld team up to buy Bronx warehouse for $40M

Published on Thursday, May 16, 2019 | posted by Carolina Bergara

A joint venture of Goldman Sachs Asset Management and Blumenfeld Development Group is buying an industrial property in the Bronx for $38.5 million.   . . .

Himmel and Meringoff buys mixed-use warehouse in the Bronx for $89M

Published on Monday, May 13, 2019 | posted by Carolina Bergara

Himmel + Meringoff Properties, which made early bets on Long Island City in the 1980s, has turned its attention to the Bronx and acquired a mixed-use Bronx warehouse for $89 million. A Pinnacle Realty team led by Fred Stein, Decio Baio and George Margaronis represented both sides of the deal. . . .

Himmel + Meringoff, Square Mile Acquire Bronx Mixed-Use Site for $89M

Published on Wednesday, May 08, 2019 | posted by Carolina Bergara

Owner and developer Himmel + Meringoff (H+M) and financier Square Mile Capital Management together have acquired a mixed-use industrial site in the Bronx for $89 million from Sackman Enterprises, according to information from the buyers.

Pinnacle Realty represented the seller in the transaction. Sackman had owned the asset for around 30 years, sources said. 

Office-Supplies Giant W.B. Mason Takes 173k Sq Ft In Bronx

Published on Tuesday, May 12, 2015 | posted by Carolina Bergara

W.B. Mason, the largest privately-held U.S. seller of office supplies, is opening its first distribution center in the city. The Brockton, Mass.-based company inked a 10-year lease for a total of 173,000 square feet on the site of one-story Bronx warehouse. . . .

Demand For NYC Industrial Space Drives Rents Up

Published on Sunday, April 17, 2011 | posted by Carolina Bergara

No one thought much of it when a two-story, 12,700-square-foot industrial building in Sunset Park, Brooklyn, went on the market late last year. In due course, a bidder appeared and discussions began; then the floodgates opened. . . .