LBA Realty
(LBA Realty, LBA Properties, LBA Logistics)
3347 Michelson Drive Suite 200 Irvine, CA 92612
People:
LBA Realty NYC portfolio
$444.1 million -industrial 94%, specialty 5%; Queens 76%, Brooklyn 17%, Bronx 5%*
569th largest portfolio by dollar value
190,610 sqft – industrial 96%, specialty 3%; Brooklyn 49%, Bronx 46%, Queens 3%
1709th largest by SF
8 properties – Brooklyn 62%, Queens 25%, Bronx 12%
1392th largest
Notes
LBA Realty uses the names LBA Logistics and LBA Properties for it’s industrial and office holdings, respectively.
Company Activity past 24 months:
Buyer company: 2 for $28.7 million
Seller company: 1 for $26.2 million
Borrower company: 2 for $257.8 million
Top Ten Associated Companies:
City National Bank (2), Bank of America (1), Terreno Realty Corporation (1), New York Life Insurance Company (1)
Top Ten Associated People:
Brandon Roberts (2), Christine Falco (1)
Recent activity as company:
• LBA Realty sold 671 Court Street for $26.2 million to Terreno Realty Corporation on August 13, 2026.
• LBA Realty borrowed $22.8 million from City National Bank for 114 Beard Street on May 29, 2026.
• Brookfield Properties sold 857 East 136 Street for $21.7 million to LBA Realty on December 18, 2025.
• Buckeye Partners sold 671 Court Street for $7 million to LBA Logistics on March 17, 2025.
• RXR Realty, LBA Realty and PIMCO borrowed $235 million from New York Life Insurance Company for 54-15 Grand Avenue on January 17, 2025.
• LBA Realty borrowed $22.8 million from City National Bank for 114 Beard Street on May 31, 2023.
• Leser Group sold 114 Beard Street for $34 million to LBA Realty on August 09, 2022.
• LBA Realty borrowed $19.2 million from Bank of America for 58-38 47 Street on September 30, 2021.
• Laquila Group sold 58-38 47 Street for $26 million to LBA Realty on June 03, 2020.
Latest Stories:
• LBA Logistics pays $7M to Buckeye Partners for industrial in Red Hook (March 21, 2025)
• RXR, LBA Realty, sign $235M refi for Amazon-occupied industrial in Maspeth (February 04, 2025)
• Leser Group signs $90.3M refi for four properties in NYC (April 07, 2023)
• $388M internal transfer at RXR, LBA Logistics Maspeth warehouse leased to Amazon (March 15, 2023)
• LBA Realty pays $34M to Leser Group for three properties in Brooklyn (September 07, 2022)
• Brookfield signs $19.8M initial loan with TIAA for industrial in Mott Haven (August 16, 2021)
• Brookfield pays $27.9M to AEW Global, MRP Realty for industrial in Mott Haven (December 21, 2020)
Properties: