Wednesday, 18 April 2018

Two Trees closes on $53M leasehold purchase of Gowanus site

Two Trees Management has closed on the $53 million purchase of a leasehold for a Gowanus property that is currently home to a Lowe’s. The company acquired 118 Second Avenue, a property that spans 400,000 square feet and has the potential for a roughly 800,000-square-foot project, according to sources familiar with the deal. Forest City Ratner sold the Lowe’s site, and a TerraCRG team team led by Dan Marks brokered the deal. Two Trees also […]



source https://therealdeal.com/2018/04/18/two-trees-closes-on-53m-leasehold-purchase-of-gowanus-site/

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