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 pays $61.6M to InSite for 89% stake in Yorkville industrial property (November 21, 2023)

• InSite Property Group signs $49.8M refi loan with Goldman Sachs for development in Maspeth (November 30, 2022)

• GLP Capital pays $63M to InSite Property for 68% stake in Maspeth industrial site (September 26, 2022)

• InSite signs $42.1M construction loan with ACORE Capital for storage development in Yorkville (April 07, 2022)

• InSite Property signs $33.8M construction loan with Valley for industrial in Queens (July 25, 2021)

• InSite Property pays $15.2M to Safeguard Self Storage for industrial in College Point (July 20, 2021)

• 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:

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