Thursday 24 May 2018

Two Trees completes Gowanus assemblage with $62M deal

Two Trees Management has closed on part two of its $115 million Gowanus assemblage. The company purchased 1-37 12th Street for $62 million, according to TerraCRG,  which brokered the sale. The site includes a former Pathmark store, and it is right next to the roughly 400,000-square-foot Lowe’s site at 118 Second Avenue that Two Trees closed on in April for $53 million.  The assemblage spans almost 15 acres and about 1.25 million buildable square feet […]



source https://therealdeal.com/2018/05/24/two-trees-completes-gowanus-assemblage-with-62m-deal/

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