Realterm

Realterm NYC portfolio

$353.4 million -industrial 98%, specialty 1%; Queens 44%, Bronx 35%, Brooklyn 19%*

616th largest portfolio by dollar value

625,296 sqft – industrial 94%, specialty 5%; Bronx 70%, Queens 25%, Brooklyn 3%

710th largest by SF

11 properties – Bronx 72%, Queens 18%, Brooklyn 9%

906th largest

Top Ten Associated Companies:

BMO Harris (1), JPMorgan Chase (1), Regions Bank (1), BMO Harris Bank (1)

Recent activity as company:

Realterm borrowed $119.1 million from JPMorgan Chase for Hook creek on July 19, 2023.

Beverage Distribution Center sold 50-35 56 Road for $132 million to Realterm on December 28, 2021.

Realterm borrowed $15 million from BMO Harris for 34-52 Laurel Hill Boulevard on December 23, 2021.

Realterm borrowed $42 million from BMO Harris Bank for Gardner avenue on December 17, 2021.

Ace Endico sold 4825 Baldwin Street for $21 million to Realterm on November 12, 2021.

American Compressed Gases sold 34-52 Laurel Hill Boulevard for $25 million to Realterm on October 28, 2021.

RLR Investments sold Gardner avenue for $70 million to Realterm on October 07, 2021.

Parallel Products sold Walnut avenue for $37.8 million to Realterm on May 07, 2021.

Manya Operating sold 211 Gardner Avenue for $28 million to Realterm on October 19, 2020.

Realterm borrowed $72.5 million from Regions Bank for 1502 Bassett Avenue on June 15, 2020.

Latest Stories:

• MCR Hotels signs $290M refi for TWA Hotel at JFK, up from $270M (June 14, 2024)

• Realterm signs $119.1M construction loan with JPMorgan Chase project at JFK Airport (August 07, 2023)

• Realterm signs $15M acquisition loan with BMO Harris for industrial dev site in Maspeth (January 17, 2022)

• Realterm pays $132M for industrial in Maspeth, 6th purchase totaling $314M in 2 years (January 10, 2022)

• Realterm pays $21M in Bronx, has bought $186M in two years (December 01, 2021)

• Realterm pays $70M to RLR Investments for dev site in East Williamsburg (November 15, 2021)

• Realterm pays $25M to American Compressed Gases for warehouse in Sunnyside (November 11, 2021)

• Realterm pays $37.8M to Parallel Products for warehouses in Mott Haven, last sold for $5M in 2006 (May 27, 2021)

• Realterm Logistics pays $28M to Manya Operating for warehouse in Brooklyn (November 09, 2020)

• Realterm adds Bronx properties to existing $72.5M in debt from Regions Bank (July 20, 2020)

Properties:

To see the 11 properties for this company you need a Professional level subscription

Subscribe ($125/month)

Leave a Reply