October 24, 2019

Prologis pays $13M to Harper family for property in East Williamsburg

Prologis through the entity 450 Johnson Ave Brooklyn LLC paid Harper family’s Jbc Land LLC $13.3 million for 418 Johnson Avenue, 450 Johnson Avenue, 79 Ingraham Street in East Williamsburg. The deal closed on October 17, 2019, and was recorded on October 23, 2019. The transaction consists of 3 parcels, including the tax class light manufacturing building (F5). The property is 107,500 square feet. The parcel(s) have total development potential of 107,500 square feet.

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