Brian Milberg
(Brian D. Milberg)
Ceo
Senior Partner
Sitex Group
Sitex Group NYC portfolio
$131.7 million -industrial 91%, retail 8%; Queens 61%, Brooklyn 22%, Bronx 15%*
1289th largest portfolio by dollar value
174,644 sqft – industrial 97%, retail 2%; Bronx 56%, Queens 39%, Brooklyn 4%
1741th largest by SF
7 properties – Queens 42%, Bronx 28%, Brooklyn 28%
1477th largest
Person Activity past 24 months:
Buyer signatory: 1 for $15.2 million
Borrower signatory: 1 for $25.1 million
Top Ten Associated Companies:
Global Logistic Properties (2), Lake Forest Bank & Trust Company (1), Santander Bank (1), Carlyle Group (1), Joseph Rizzuto (1), Salem Truck Leasing (1), Forbright Bank (1), United Parcel Service (1), Estate of Marco Eugene (1)
Top Ten Associated People:
Brian Milberg (2), Brian D. Milberg (1), Joseph Rizzuto (1), Jared Steinberg (1), Scott Steinberg (1), George F. Lora (1), Luis Torres (1), Arthur J. Kremer (1)
Recent activity as signatory:
• Sitex Group borrowed $25.1 million from Forbright Bank for 360 Kingsland Avenue on June 09, 2026.
• United Parcel Service sold 4215 Boston Road for $15.2 million to Sitex Group on December 29, 2025.
• Sitex Group borrowed $21.5 million from Santander Bank for 360 Kingsland Avenue on April 12, 2022.
• Joseph Rizzuto sold 360 Kingsland Avenue for $30 million to Sitex Group on January 14, 2022.
• Salem Truck Leasing sold 58-80 Borden Avenue for $49.5 million to Sitex Group on October 29, 2021.
• Sitex Group borrowed $7 million from Lake Forest Bank & Trust Company for 54-12 48 Street on October 21, 2021.
• Sitex Group sold 54-12 48 Street for $11.6 million to Carlyle Group on October 21, 2021.
• Estate of Marco Eugene sold 1159 Commerce Avenue for $5.1 million to Sitex Group on August 05, 2020.
• Sitex Group sold 67-25 Otto Road for $72 million to Global Logistic Properties on June 11, 2020.
• Sitex Group sold 66-31 Otto Road for $40 million to Global Logistic Properties on June 11, 2020.
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 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)