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Red Hook Industrial Sale Sets Neighborhood Pricing Record

Marcus & Millichap arranged the sale of an 11,850-square-foot industrial property in Brooklyn for $5,650,000. The property is located at 30 Richards St. in Brooklyn’s Red Hook neighborhood. “At $565 per square foot on the building’s floor plate, this sale represents a record price for an industrial building in Red Hook,” said Jesse Kay in Marcus & Millichap’s Manhattan office. “This outcome is the

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Source: https://www.connectcre.com/stories/