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.
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