Sprague

Sprague portfolio

$59.2 million* – industrial 98%, specialty 1%; Bronx 100%, Manhattan 0%

848th largest portfolio by dollar value

70,750 sqft – industrial 87%, specialty 12%;

2365th largest by SF

12 properties – Bronx 100%, Manhattan 0%

724th largest

Company Activity past 24 months:

Buyer company: 1 for $73.5 million

Borrower company: 2 for $150 million

Top Ten Associated Companies:

Rabobank (2), MUFG Union Bank (1), Buckeye Partners (1), Hartree Partners (1)

Top Ten Associated People:

Edward Santos (2), Andres Munoz (2), Chris Pine (1)

Recent activity as company:

Sprague borrowed $19.2 million from Rabobank for 1040 East 149th Street, 1020 East 149th Street, N/A East 141st Street, N/A East 149th Street, N/A East 149th Street, and others, Mott Haven, Bronx on September 13, 2024.

Sprague borrowed $130.8 million from Rabobank for 939 East 138th Street, 184 Locust Avenue, 220 Locust Avenue, 302 Locust Avenue, and 290 Locust Avenue, Mott Haven, Bronx on September 13, 2024.

Buckeye Partners sold 1040 East 149th Street, 1020 East 149th Street, N/A East 141st Street, N/A East 149th Street, N/A East 149th Street, and others, Mott Haven, Bronx for $73.5 million to Sprague on April 04, 2023.

Sprague sold 939 East 138th Street, 184 Locust Avenue, 290 Locust Avenue, 302 Locust Avenue, and 220 Locust Avenue, Mott Haven, Bronx for $36 million to Hartree Partners on June 30, 2021.

Sprague borrowed $56 million from MUFG Union Bank for 939 East 138th Street, 184 Locust Avenue, 290 Locust Avenue, 302 Locust Avenue, 303 Locust Avenue, and others, Mott Haven, Bronx on August 24, 2020.

Properties:

To see the 12 properties for this company you need a Professional level subscription

Subscribe ($125/month)

*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

Leave a Reply