UPS bought an industrial site in Brooklyn that it had leased just last year and will likely be the site of a new distribution center. The shipping and logistics company bought a group of six waterfront parcels in Red Hook for $303 million from New Jersey-based industrial landlord Sitex Group, according to a city filing recorded Monday. The site offers up to 1.2 million buildable square feet. UPS in June 2017 had signed a ground […]
source https://therealdeal.com/2018/12/24/ups-buys-gargantuan-red-hook-site-for-303m/
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