Deals of the Day: Dec. 23

Leases

Beauty company signs extension and expansion in Sunset Park

Address: 850 Third Ave., Brooklyn
Landlord: Madison Capital
Tenant: Prose
Lease size: 72,848 square feet
Lease length: Eight years
Asking price: $26 per square foot
Asset type: Industrial
Brokers: Colliers’ Richard Warshauer and Marcus Rayner brokered the deal for the tenant.

Sales

Isaac Chetrit purchases Downtown Brooklyn site

Address: 101 Fleet Place
Seller: Leser Group
Buyer: Isaac Chetrit
Sales price: About $42.8 million
Asset type: Public facilities and institutions

Silverstein makes major downtown residential purchase

Address: 116 John St., Manhattan
Seller: An affiliate of Metro Loft Management
Buyer: Silverstein Properties
Sales price: About $248 million
Asset type: Multifamily
Brokers: Platinum Properties’ Khashy Eyn and Lenny Sporn helped broker the deal.

Prologis purchases East Williamsburg site

→ Continue reading at Crain's New York Business

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