GLP Capital Partners
GLP Capital Partners NYC portfolio
$290.3 million* – industrial 100%; Queens 100%, Manhattan 0%
576th largest portfolio by dollar value
97,700 sqft – industrial 100%;
2032th largest by SF
3 properties – Queens 100%, Manhattan 0%
2161th largest
Company Activity past 24 months:
Buyer company: 2 for $132.9 million
Borrower company: 1 for $44.2 million
Top Ten Associated Companies:
InSite Property Group (3), 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 N/A Borden Avenue, Maspeth, Queens on August 16, 2024.
• InSite Property Group sold 434 East 90th Street, Yorkville, Manhattan for $61.6 million to GLP Capital Partners on November 20, 2023.
• InSite Property Group sold 131-21 14th Avenue, College Point, Queens for $71.3 million to GLP Capital Partners on September 05, 2023.
• InSite Property Group sold 59-20 Borden Avenue, Maspeth, Queens for $63 million to GLP Capital Partners on September 23, 2022.
• GLP Capital Partners borrowed $112 million from Wells Fargo for 67-25 Otto Road and 66-31 Otto Road, Glendale, Queens on July 19, 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: