Bridge Industrial

$70.2 million* – industrial 100%; Queens 83%, Brooklyn 16%

1465th largest portfolio by dollar value

142,717 sqft – industrial 100%;

1516th largest by SF

2 properties – Brooklyn 50%, Queens 50%

3048th largest

Buyer company: 2 for $68.5 million

Seller company: 2 for $261.5 million

Borrower company: 1 for $44.2 million

Galina Gendelman (2), Ryan Nelson (1), Brandon S. Tolbert (1), John Jacobs (1)

• Bridge Industrial borrowed $44.2 million from Pgim Real Estate for 58-95 Maurice Avenue, Maspeth, Queens on December 11, 2024.

• DH Property Holdings, Bridge Industrial and Oak Capital Partners sold 73 20th Street, Greenwood Heights, Brooklyn for $13.5 million to Krasnyi Oktyabr on April 25, 2024.

• Krasnyi Oktyabr sold 60 20th Street, Greenwood Heights, Brooklyn for $11.5 million to DH Property Holdings, Bridge Industrial and Oak Capital Partners on April 25, 2024.

• Bridge Industrial and DH Property Holdings sold 75 20th Street, Greenwood Heights, Brooklyn for $248 million to FedEx on January 12, 2024.

• Turnbridge Equities sold 58-95 Maurice Avenue, Maspeth, Queens for $57 million to Bridge Industrial on December 21, 2023.

• Bridge Industrial for John Porcek filed plans for new building for 216,034 sqft in Greenwood Heights, Brooklyn, on July 29, 2021.

• Bridge Industrial for John Porcek filed plans for new building for 36,381 sqft in Greenwood Heights, Brooklyn, on August 28, 2020.

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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