GLP Capital Partners
GLP Capital Partners NYC portfolio
$120.7 million -industrial 100%; Queens 100%*
1335th largest portfolio by dollar value
42,000 sqft – industrial 100%; Queens 100%
3750th largest by SF
2 properties – Queens 100%
3630th largest
Company Activity past 24 months:
Borrower company: 1 for $44.2 million
Top Ten Associated Companies:
Citibank (1), Wells Fargo (1)
Top Ten Associated People:
David Bernas (1)
Recent activity as company:
• GLP Capital Partners borrowed $44.2 million from Citibank for 59-20 Borden Avenue on August 15, 2024.
• InSite Property Group sold 420 East 90 Street for $61.6 million to GLP Capital Partners on November 03, 2023.
• InSite Property Group sold 131-07 14 Avenue for $71.3 million to GLP Capital Partners on August 23, 2023.
• InSite Property Group sold 59-20 Borden Avenue for $63 million to GLP Capital Partners on August 17, 2022.
• GLP Capital Partners borrowed $112 million from Wells Fargo for 67-25 Otto Road on June 28, 2021.
Latest Stories:
• GLP Capital signs $112M initial loan with Wells Fargo for warehouses in Glendale (July 20, 2021)
• InSite Property pays $18M to Home Depot for 136K development parcel in Maspeth (April 19, 2021)
• InSite gets $25.8M construction loan from Valley National for storage in Maspeth (April 19, 2021)
• Charles Brown as tenant signs 99-year ground lease in Yorkville valued at $19.8M (March 12, 2021)
Properties:
