Real Estate

Silverback Development, Shleppers Buy Bronx Industrial Properties

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Just two investment sales between $10 million and $30 million have been recorded in public records since Sept. 20. Both came last week and were for industrial space in the Bronx. Here are details: 1. Silverback Development acquired a 31,200-square-foot parking facility at 580 Gerard Avenue in Concourse for $16.9 million, through the limited liability company SD Gerard Avenue. The property has 214,800 square feet of development potential. Emmes Asset Management was the seller, acting The post Bronx scores only mid-market deals in past two weeks appeared first on The Real Deal New York.

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