Sitex Group

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Sitex Group NYC portfolio

$134.5 million -industrial 89%, retail 10%; Queens 62%, Brooklyn 22%, Bronx 15%*

1260th largest portfolio by dollar value

174,644 sqft – industrial 97%, retail 2%; Bronx 56%, Queens 39%, Brooklyn 4%

1735th largest by SF

7 properties – Queens 42%, Bronx 28%, Brooklyn 28%

1469th largest

Company Activity past 24 months:

Buyer company: 1 for $15.2 million

Borrower company: 2 for $35.9 million

Latest Stories:

• Sitex Group pays $15.2M to UPS for warehouse in Eastchester (January 12, 2026)

• Sitex Group pays $30M to Joseph Rizzuto for dev site in Greenpoint (February 17, 2022)

• Sitex, Carlyle Group signs $7M acquisition loan for dev site in Maspeth (December 07, 2021)

• Sitex Group signs $34.5M acquisition loan with CIT Bank for industrial in Maspeth (December 03, 2021)

• Sitex Group pays $49.5M for industrial dev site in Maspeth (November 17, 2021)

• Carlyle Group acquires from Sitex Group stake in $11.6M in Maspeth dev site (November 08, 2021)

• JPMorgan Chase sells Maspeth dev site to Sitex Group for $8.2M (September 13, 2021)

• GLP Capital signs $112M initial loan with Wells Fargo for warehouses in Glendale (July 20, 2021)

• Sitex Group pays $5M to Estate of Marco Eugene for property in Parkchester (September 14, 2020)

• Sitex Group, Global Logistics value property at $112M following lease buy outs at industrial property in Glendale (June 24, 2020)

Properties:

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