BELLINGS

Terreno Adds to NYC Portfolio with Red Hook Acquisition

Terreno Realty Corporation, a Bellevue, WA-based owner and operator of industrial real estate, acquired an industrial property located in Red Hook Brooklyn, for approximately $26.3 million. The seller was not identified. Located at 659 Court St., the property consists of one…

Terreno Realty Corporation, a Bellevue, WA-based owner and operator of industrial real estate, acquired an industrial property located in Red Hook Brooklyn, for approximately $26.3 million. The seller was not identified. Located at 659 Court St., the property consists of one…

BELLINGS Intelligence Score: 10

Why it matters

This is a routine commercial real estate acquisition by Terreno Realty, involving a single industrial property in Brooklyn with no novel financing or market impact.

Sources

  • Connect CRE

    Terreno Adds to NYC Portfolio with Red Hook Acquisition

    Terreno Realty Corporation, a Bellevue, WA-based owner and operator of industrial real estate, acquired an industrial property located in Red Hook Brooklyn, for approximately $26.3 million. The seller was not identified. Located at 659 Court St., the property consists of one…