In 2019, our team verified 934 sales with a total consideration of approximately $5.1B.
Brooklyn 2019
Full Market Report
As buyers shifted focus to free market assets, the strength of the market produced record price/SF numbers despite the new rent laws.
Brooklyn 2019
Multifamily
Market Report
The mixed-use asset class saw the largest number of transactions across all asset types. Although dollar volume was slightly down from 2018, the average PPSF was up 10%.
Brooklyn 2019
Mixed-Use Market
Report
Residential development price per buildable square foot is up despite a decline in both dollar volume and transactions.
Brooklyn 2019
Development
Market Report
Industrial/Office continued to show strength in 2019 with 74 transactions and almost $1B in dollar volume. This was the only asset class to have an increase in transaction volume, increasing almost 20% from 2018.
Brooklyn 2019
Industrial/Office
Market Report
“Retail dollar volume is up 27% throughout Brooklyn in 2019 which could symbolize the importance of brick-and-mortar retail as residential developments continue to rise.
Brooklyn 2019
Retail Market
Report
Featured News
January 20, 2015
2014 Brooklyn Market Report – WSJ
Wall Street Journal
January 28, 2016
TerraCRG Releases Annual Market Report: Brooklyn Commercial Sales Market Hits Record-Breaking Year in 2015
New York Real Estate Journal
August 10, 2015
Big Transactions Up in 2015’s First Half
Wall Street Journal
August 21, 2015
Brooklyn Commercial Real Estate Sale Values Up 61 Percent, Reported by TerraCRG
DNAinfo
August 21, 2015
Brooklyn Commercial Sales Rise by $2B
GlobeSt.com
February 11, 2016
Brooklyn Market Expected to Dip as 421-A Tax Program Expires
Real Estate Weekly
July 31, 2013
Brooklyn investment sales up, as demand for development sites and industrial properties jumps
February 11, 2016
Bushwick’s Warehouse Conversions Are Hitting Never-Before-Seen Heights
Commercial Observer