REBusinessOnline

Madison Realty Capital Acquires 215,000 SF Warehouse Facility in Brooklyn

29-Ryerson-St-NYC

Madison Realty Capital plans to convert the 215,000-square-foot property in Brooklyn into an office space for creative/technology clients.

NEW YORK CITY — Madison Realty Capital has acquired a warehouse facility located at 29 Ryerson St. in Brooklyn’s Wallabout neighborhood. The vacant eight-story loft property sold for $45 million. MRC plans to convert the 215,000-square-foot property into Class A office space for creative/technology clients. The property features 15-foot ceiling heights, 440 feet of frontage on Ryerson Street and 110 feet of frontage along Flushing Avenue. The name of the seller was not released in the off-market transaction.

Get more news delivered to your inbox. Subscribe to France Media's e-newsletters. Click here.



Related News

Content Partners
Lee & Associates


Conferences