Turnbridge Equities

People:

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Turnbridge Equities portfolio

$20.5 million – industrial 69%, V1 12%; Brooklyn 76%, Bronx 23%

1694th largest portfolio by dollar value

268,082 sqft – industrial 80%, P9 17%;

950th largest by SF

17 properties – Brooklyn 76%, Bronx 23%

140th largest

Company Activity past 24 months:

Buyer company: 4 for $67.5 million

Seller company: 1 for $57 million

Borrower company: 4 for $89.3 million

Lender company: 0 for $0

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated Companies:

Dune Real Estate Partners (4), East West Bank (3), Angela Paolino-Thompson (1), Michael Paolino (1), Thomas Paolino (1), Glenmore Industries (1), Sandy Marks (1), Starwood Capital Group (1), Aresif Lender Llc (1), Greiner-Maltz Management (1)

Top Ten Associated People:

Eric Calder (4), Angela Paolino-Thompson (1), Michael Paolino (1), Thomas Paolino (1), Harold Lebwhohl (1), Sandy Marks (1), Nick Nawaz (1), Tyren Eastmond (1), Steve Groetsema (1), Christine Falco (1)

Latest Stories:

• Turnbridge Equities pays $29M for storage building dev site in East New York (December 23, 2024)

• Bridge Industrial signs $44.2M initial loan with PGIM for industrial in Maspeth (December 12, 2024)

• Turnbridge Equities pays $16.6M for industrial properties in Bergen Beach (March 05, 2024)

• Turnbridge Equities pays $8.8M for sports club property in Bergen Beach (January 25, 2024)

• Bridge Industrial pays $57M to Turnbridge Equities for industrial in Maspeth (December 22, 2023)

• Turnbridge Equities signs $9.3M acquisition loan for $13M purchase in Gravesend (May 25, 2023)

• Turnbridge Equities pays $13M for six specialty properties in Gravesend (May 19, 2023)

• BentallGreenOak pays $20.4M for industrial in East New York where it was tenant (April 11, 2023)

• Turnbridge Equities pays $15.2M for three bankrupt Easco Boiler industrial properties in Hunts Point (December 13, 2022)

• Turnbridge pays $22.4M for East New York industrial, gets $49M Starwood construction loan (January 13, 2022)

Properties:

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