Michael Memoly
(Michael E. Memoly)
Chief Financial Officer
Treasurer
LBA Realty
(LBA Realty, LBA Properties, LBA Logistics)
3347 Michelson Drive Suite 200 Irvine, CA 92612
LBA Realty NYC portfolio
$444.1 million -industrial 94%, specialty 5%; Queens 76%, Brooklyn 17%, Bronx 5%*
569th largest portfolio by dollar value
190,610 sqft – industrial 96%, specialty 3%; Brooklyn 49%, Bronx 46%, Queens 3%
1709th largest by SF
8 properties – Brooklyn 62%, Queens 25%, Bronx 12%
1392th largest
Other Links:
https://www.sec.gov/Archives/edgar/data/1842453/000184277021000001/xslFormDX01/primary_doc.xml
Person Activity past 24 months:
Buyer signatory: 1 for $21.7 million
Seller signatory: 1 for $26.2 million
Borrower signatory: 1 for $22.8 million
Top Ten Associated Companies:
Terreno Realty Corporation (1), City National Bank (1), Brookfield Properties (1)
Top Ten Associated People:
Christine Falco (1), Brandon Roberts (1), Randy Forth (1)
Recent activity as signatory:
• LBA Realty sold 671 Court Street for $26.2 million to Terreno Realty Corporation on August 13, 2026.
• LBA Realty borrowed $22.8 million from City National Bank for 114 Beard Street on May 29, 2026.
• Brookfield Properties sold 857 East 136 Street for $21.7 million to LBA Realty on December 18, 2025.
Latest Stories:
• LBA Logistics pays $7M to Buckeye Partners for industrial in Red Hook (March 21, 2025)
• Leser Group signs $90.3M refi for four properties in NYC (April 07, 2023)
• LBA Realty pays $34M to Leser Group for three properties in Brooklyn (September 07, 2022)
• Brookfield signs $19.8M initial loan with TIAA for industrial in Mott Haven (August 16, 2021)
• Brookfield pays $27.9M to AEW Global, MRP Realty for industrial in Mott Haven (December 21, 2020)
• Leser Group borrows $53M from TASE bondholders for property in Brooklyn, Bronx (August 03, 2020)