BELLINGS

First Pioneer Properties Buys Queens Retail Center for $24M

New York-based real estate management and development firm First Pioneer Properties, along with ABS Partners Real Estate, has acquired a Queens retail center from Levy Properties for $23.5 million, property records made public Thursday show. The one-story property at 213-04…

New York-based real estate management and development firm First Pioneer Properties, along with ABS Partners Real Estate, has acquired a Queens retail center from Levy Properties for $23.5 million, property records made public Thursday show. The one-story property at 213-04…

BELLINGS Intelligence Score: 8

Why it matters

This is a routine commercial real estate acquisition with no novel financing structure or broader market impact, relevant mainly to local real estate professionals.

Sources

  • Commercial Observer

    First Pioneer Properties Buys Queens Retail Center for $24M

    New York-based real estate management and development firm First Pioneer Properties, along with ABS Partners Real Estate, has acquired a Queens retail center from Levy Properties for $23.5 million, property records made public Thursday show. The one-story property at 213-04…