February 11, 2016

Bushwick’s Warehouse Conversions Are Hitting Never-Before-Seen Heights

Mentions News

Commercial Observer

Two years ago there were four sales of industrial property in Bushwick, Brooklyn, totaling a modest $8.4 million, according to TerraCRG’s 2014 annual end-of-year market report.

Last year’s numbers were a wee bit better: $115.7 million.

“You are not getting a lot of credit tenants and national chains. It’s a lot of local people that live and work around there that want to support their neighbors,” said Dan Marks, a senior vice president at TerraCRG.

Read more here.