KD's industrial action on Brooklyn property.In a transaction valued at $15 million, Kalmon Dolgin Affiliates Inc. has arranged the sale of the five-building, interconnected, light industrial complex at 62-82 19th Street and 65-93 19th Street on the Park Slope/Sunset Park district border in Brooklyn. The 225,000 s/f, three and four-story complex, which is located adjacent to the Hamilton Avenue Home Depot The Home Depot (NYSE: HD) is an American retailer of home improvement and construction products and services. Headquartered in Vinings, just outside Atlanta in unincorporated Cobb County, Georgia, Home Depot employs more than 355,000 people and operates 2,164 big-box mega-store and the mammoth mammoth, name for several large prehistoric elephants of the extinct genus Mammuthus, which ranged over Eurasia and North America in the Pleistocene epoch. Jetro grocery "Cash & Carry," is one of the largest multi-tenanted industrial properties in Brooklyn. Allison Chambers of Kalmon Dolgin Affiliates represented both the seller, 18-19th Street LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control and the buyer, a partnership of PDS (1) (Processor Direct Slot) A single expansion slot on certain, early Macintosh models that was used to connect high-speed peripherals as well as additional CPUs. Providing a channel directly to the CPU, the PDS coexisted with NuBus slots on some models. Development and Hudson Capital. Despite the current market trend of industrial to condominium condominium In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common. conversions in the immediate area, the purchaser intends to keep the property as a light industrial and manufacturing center. Ms. Chambers said, "Small space industrial rentals in Brooklyn are very hot and there is a shortage of available space less than 10,000 square feet. The new owner will have no trouble in maintaining a high occupancy rate Noun 1. occupancy rate - the percentage of all rental units (as in hotels) are occupied or rented at a given time pct, per centum, percent, percentage - a proportion in relation to a whole (which is usually the amount per hundred) for this property. In addition, the complex's location near the Brooklyn Battery Tunnel and the Brooklyn Queens Expressway is ideal for commercial artists, small businesses and craftsworkers." Ms. Chambers added, "We found a purchaser who is very familiar with industrial investment sales, property management and tenant retention. "This is a perfect fit for an owner who is not distracted by the rush to residential conversions that is sweeping the Brooklyn waterfront." |
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