Marcus & Millichap Brokers $10.3M Sale of Bronx Industrial Building
Why this matters
Industrial has moved into a normalization phase after the 2020-2023 frenzy. Vacancies are up modestly, sublease space remains a watch item in the big-box logistics segment, and rent growth has shifted from double-digit to mid-single-digit. The long-term tailwinds — nearshoring, e-commerce penetration, infill scarcity — remain intact. New York continues to bifurcate sharply: trophy office leasing at record rents, commodity Class B in conversion discussions or court-supervised processes. Rent-stabilized multifamily remains supply-constrained and tightly held. Institutional capital is calibrating between core income and value-add basis plays as the cycle matures.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- The 259th New York story tracked on the wire in August 2026. All New York coverage →
- 145 stories mentioning Marcus & Millichap on the wire in the past 90 days. Marcus & Millichap coverage →
Computed from Real Estate Trail’s own tracked coverage
NEW YORK CITY — Marcus & Millichap has brokered the $10.3 million sale of a 9,200-square-foot industrial building in The Bronx. The building at 935 Garrison Ave. is located within a Qualified Opportunity Zone and was…
External link. Real Estate Trail does not republish source content.
Related coverage — New York · Industrial
Stonepeak Acquires 860,100 SF Industrial Property in North Fort Worth
FORT WORTH, TEXAS — Stonepeak, a New York-based alternative investment firm, has acquired a 860,100-square-foot industrial property in North Fort Worth. The address was not disclosed, but the property is located withi…
Equus Capital Partners Divests of 1.2 MSF Industrial Portfolio in Tucson for $165.7M
TUCSON, ARIZ. — Equus Capital Partners has divested of a 14-property industrial portfolio in Tucson to Catalyst Real Estate and New York-based Everview Partners for a combined $165.7 million, or $133 per square foot.…
Lincoln Property, New York Life Pay $37.5MM for 150,000 SQFT Hayward Warehouse
A 1977 Hayward warehouse that PPF Industrial bought for $14.3 million in 2016 has sold for $37.5 million to a Lincoln Property and New York Life venture, which may upgrade its electrical capacity as tech users absorb…
NYC EDC Snapshot Sees Mixed Indicators for Office, Retail, Residential
Commercial real estate indicators presented a mixed picture in August, the New York City Economic Development Corporation said in its latest Economic Snapshot. Citywide office visitation was up 2.3 percentage points y…
Manhattan Office Vacancy Hits 12.6%, Lowest Since Before 2020
JLL Negotiates $31M Sale of Brooklyn Mixed-Use Property
NEW YORK CITY — JLL has negotiated the $31 million sale of Kingswood Center, a 226,130-square-foot mixed-use property in Brooklyn’s Midwood neighborhood. Kingswood Center is a three-story building that includes retail…