Real Estate

Sitex: New York Industrial Real Estate Still A Bet Worth Placing

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After public records led to reports that three industrial spaces in Queens sold for $112 million, the supposed seller says no such transaction took place. “There was no sale,” said Brian Milberg, senior partner at Sitex, a New Jersey private equity firm that buys and sells industrial property. “We’re looking to hold onto this property for years to come.” Instead of selling, Sitex said, it bought out the leases of tenants at 66-31, 66-35 and The post The $112M warehouse transaction that wasn’t appeared first on The Real Deal New York.

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