December 11, 2019

RedSky sells building across from Barclays Center as partner liquidates holdings

RedSky Capital sold one of its Brooklyn retail properties as its publicly listed partner looks to shed assets and pay back shareholders.

RedSky had purchased the roughly 5,000-square-foot property in 2012 for $4.1 million. A spokesperson for the company, headed by founders Ben Bernstein and Ben Stokes, declined to comment on the deal. TerraCRG marketed the property on behalf of RedSky.

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