Sitex Group Buys Industrial Site in Mathpeth, Queens
Landlord Sitex Group bought a Maspeth, Queens industrial site for $50 million in the neighborhood’s latest deal cementing it as a logistics hotspot.
Source: therealdeal.com
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What CRE crisis? Outer boroughs' leading commercial brokerage expands
Share via Shortlink As the pandemic pushed New York’s commercial real estate market into unknown territory, many brokerages held their breath. Not Pinnacle Realty. The leading independent full-service commercial real estate firm in the city’s outer boroughs is expanding. “We founded our company back in 2009 during the financial crisis,” said James Tack, one of Pinnacle’s six founding partners. The firm celebrated its 10th anniversary last year. “At the time a lot people said, ‘You have to be crazy to start a company during the worst economic disaster since the Great Depr...
Source: therealdeal.com