Mary Lang
Head Of Americas Direct Logistics Strategies
CBRE Investment Management
Owner
CBRE Investment Management portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$59.6 million – industrial 88%, D1 4%; Brooklyn 88%, Bronx 11%
821th largest portfolio by dollar value
688,417 sqft – industrial 96%, D1 1%;
461th largest by SF
13 properties – Bronx 84%, Brooklyn 15%
144th largest
642 residential units – Bronx 100%, Manhattan 0%
310th largest by residential units
Top Ten Associated Companies:
JPMorgan Chase (2), DH Property Holdings (1), Goldman Sachs Asset Management (1), Wildflower Ltd. (1), Amstar (1)
Top Ten Associated People:
Dov Hertz (1), Adam I. Gordon (1), Matthew Karp (1), Austin Lotito (1)
Recent activity as signatory:
• O’Connor Capital Partnersand CBRE Investment Management borrowed $34.6 million from JPMorgan Chase for 5110-5112 2nd Avenue, Sunset Park, Brooklyn on September 15, 2022.
• DH Property Holdingsand Goldman Sachs Asset Management sold 640 Columbia Street, Red Hook, Brooklyn for $332 million to CBRE Investment Management on July 14, 2022.
• CBRE Investment Management borrowed $45.2 million from JPMorgan Chase for 554 Cozine Avenue and 578 Cozine Avenue, East New York, Brooklyn on April 26, 2022.
• Wildflower Ltd.and Amstar sold 578 Cozine Avenue, 554 Cozine Avenue, and 771 Montauk Avenue, East New York, Brooklyn for $228.4 million to CBRE Investment Management on April 26, 2022.