Mary Lang

Head Of Americas Direct Logistics Strategies

CBRE Investment Management

Owner

CBRE Investment Management NYC portfolio

$510.1 million* – industrial 81.0%, D1 7.0%; Brooklyn 81.0%, Bronx 18.0%

334th largest portfolio by dollar value

688,417 sqft – industrial 96%, D1 1%;

477th largest by SF

13 properties – Bronx 84%, Brooklyn 15%

656th largest

642 residential units – Bronx 100%, Manhattan 0%

339th largest by residential units

Top Ten Associated Companies:

JPMorgan Chase (2), DH Property Holdings (1), Goldman Sachs Asset Management (1), Wildflower Ltd. (1), Amstar (1)

Top Ten Associated People:

Dov Hertz (1), Adam I. Gordon (1), Matthew Karp (1), Austin Lotito (1)

Recent activity as signatory:

O’Connor Capital Partners and CBRE Investment Management borrowed $34.6 million from JPMorgan Chase for 5110-5112 2nd Avenue, Sunset Park, Brooklyn on September 15, 2022.

DH Property Holdings and Goldman Sachs Asset Management sold 640 Columbia Street, Red Hook, Brooklyn for $332 million to CBRE Investment Management on July 14, 2022.

CBRE Investment Management borrowed $45.2 million from JPMorgan Chase for 554 Cozine Avenue and 578 Cozine Avenue, East New York, Brooklyn on April 26, 2022.

Wildflower Ltd. and Amstar sold 578 Cozine Avenue, 554 Cozine Avenue, and 771 Montauk Avenue, East New York, Brooklyn for $228.4 million to CBRE Investment Management on April 26, 2022.

Latest Stories:

• O’Connor Capital, CBRE fund sign $34.6M initial loan with JPMorgan Chase for industrial in Sunset Park (September 16, 2022)

• CBRE Capital Markets signs $106M loan for Amazon-leased warehouse in East New York (August 03, 2022)

• CBRE fund pays $332M to DH Property, Goldman Sachs for Amazon-leased distribution center in Red Hook (July 15, 2022)

• CBRE fund pays $228.4M to Wildflower, Amstar for two Amazon warehouses in East New York (April 26, 2022)

• O’Connor Capital, CBRE fund pays $85M to ASB Capital, 60 Guilders for industrial in Sunset Park (January 06, 2022)

• Wildflower, Ltd. pays $5.6M to John Polsinelli for lot in Brooklyn (October 21, 2020)

• Wildflower receives TCOs for two 96K sf storage buildings in Brooklyn (September 02, 2020)

• DH Property, Goldman Sachs obtain $131M construction loan from JPMorgan, Square Mile to build warehouse in Red Hook (July 31, 2020)

• Wildflower, Ltd. inks contract with Polsinelli Management to buy vacant lot in New Lots (July 07, 2020)

*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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