Transition Acquisitions has purchased a six-story office building on Flushing Avenue in Bushwick for $44 million. The property at 1300 Flushing Avenue spans about 105,000 square feet, according to the city. Transition bought it from Alcion Ventures, a real estate private equity firm based in Boston. Alcion is selling the property at a slight loss, having purchased it in 2015 for about $46 million. Representatives for Alcion and Transition did not respond to requests for
source https://therealdeal.com/2020/06/16/bushwick-office-building-trades-for-44m-sign-of-life-for-i-sales-market/
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