Himmel + Meringoff Properties, which made early bets on Long Island City in the 1980s, has turned its attention to the Bronx and acquired a mixed-use Bronx warehouse for $89 million. The Manhattan-based firm partnered with Square Mile Capital Management to purchase the 305,000-square-foot warehouse at 1601 Bronxdale Avenue, according to Crain’s. The purchase price works out to be close to $291 a square foot. The site is reportedly 100 percent leased, with two thirds […]
source https://therealdeal.com/2019/05/07/himmel-meringoff-buys-mixed-use-warehouse-in-the-bronx-for-89m/
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