Terreno Realty has acquired a Red Hook industrial property at 659 Court Street in Brooklyn for approximately $26.3 million, adding another operating industrial asset to its New York City portfolio. According to Commercial Observer, the waterfront property contains an approximately 28,000-square-foot industrial building. Terreno’s acquisition announcement states that the site spans roughly 1.5 acres, provides parking for 70 vehicles and includes two grade-level loading positio

First Pioneer Properties and ABS Partners Real Estate have acquired 213-04 Northern Boulevard in Bayside, Queens, for $23.5 million, adding a commercial property with substantial unused development rights to their New York portfolios. According to Commercial Observer, Levy Properties sold the one-story property, which currently contains approximately 24,000 square feet of built space and is occupied by an urgent care medical office and Bebeang Baby Store. What makes the trans