Michael Memoly

(Michael E. Memoly)

Chief Financial Officer

Treasurer

LBA Realty

(LBA Realty, LBA Properties)

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%*

494th largest portfolio by dollar value

190,610 sqft – industrial 96%, specialty 3%; Brooklyn 49%, Bronx 46%, Queens 3%

1633th largest by SF

8 properties – Brooklyn 62%, Queens 25%, Bronx 12%

1278th largest

Person Activity past 24 months:

Buyer signatory: 1 for $21.7 million

Borrower signatory: 1 for $22.8 million

Top Ten Associated Companies:

Brookfield Properties (1), City National Bank (1)

Top Ten Associated People:

Randy Forth (1), Brandon Roberts (1)

Recent activity as signatory:

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.

Leave a Reply