InSite Property Group

InSite Property Group NYC portfolio

$86.3 million* – industrial 85%, retail 14%; Manhattan 92%, Brooklyn 7%

1306th largest portfolio by dollar value

24,300 sqft – retail 78%, industrial 21%;

3932th largest by SF

4 properties – Manhattan 75%, Brooklyn 25%

1853th largest

Company Activity past 24 months:

Seller company: 2 for $132.9 million

Borrower company: 2 for $99.7 million

Top Ten Associated People:

Shanice Harris (2), Patrick Mattson (1), Cameron Birdwell (1), James E. Akers (1), Charlie Devito (1), Steven Brauser (1), James Goonan (1), Charles A. Brown IV (1), John Chescavage (1), Jeffrey P. Foster (1)

Recent activity as company:

InSite Property Group borrowed $40.8 million from Wells Fargo for 609 West 46th Street, Hell’s Kitchen, Manhattan on March 03, 2025.

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 and GCP Storage Advisors borrowed $58.9 million from KKR & Co. for 131-21 14th Avenue, College Point, Queens on September 21, 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 borrowed $49.8 million from Goldman Sachs for N/A Borden Avenue, Maspeth, Queens on November 29, 2022.

InSite Property Group for Elias Slaiby filed plans for new building for 107,130 sqft in Hell’s Kitchen, Manhattan, on October 31, 2022.

• Company sold 609 West 46th Street, Hell’s Kitchen, Manhattan for $12.8 million to InSite Property Group on October 12, 2022.

• Company sold 613 West 46th Street and 615 West 46th Street, Hell’s Kitchen, Manhattan for $12.8 million to InSite Property Group on October 12, 2022.

InSite Property Group sold 59-20 Borden Avenue, Maspeth, Queens for $63 million to GLP Capital Partners on September 23, 2022.

InSite Property Group borrowed $42.1 million from ACORE Capital for 424 East 90th Street, Yorkville, Manhattan on April 06, 2022.

Latest Stories:

• InSite Property signs $40.8M construction loan for storage in Hell’s Kitchen (March 04, 2025)

• 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)

• InSite files plans for 107K sf storage building in Hell’s Kitchen (November 04, 2022)

• InSite Property Group pays $25.5M for likely dev site in Hell’s Kitchen (October 13, 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)

• CubeSmart pays $33.1M to InSite Property Group for new storage building in Tottenville (January 31, 2022)

• Prince Lumber pays $7.3M for air rights in Hell’s Kitchen (January 10, 2022)

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

Properties:

To see the 4 properties for this company you need a Professional level subscription

Subscribe ($125/month)

*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

Leave a Reply