Wednesday, 5 December 2018

Innovo in contract to buy LIC industrial site for $75M

Andrew Chung’s Innovo Property Group is in contract to buy the old warehouse of online grocer FreshDirect in Long Island City for about $75 million, according to sources familiar with the deal. The company is purchasing 23-30 Borden Avenue from Atlas Capital Group. The site has about 200,000 square feet of ground floor space and 175,000 square feet of air rights, and it includes a 6,000-foot LED sign as well. A Cushman & Wakefield team […]



source https://therealdeal.com/2018/12/05/innovo-in-contract-to-buy-lic-industrial-site-for-75m/

No comments:

Post a Comment