Deals of the Day: Feb. 11

Leases

Bentex Group expands in Midtown building

Address: 34 W. 33rd St., Manhattan
Landlord: Arcade Building Associates
Tenant: Bentex Group
Lease size: 48,881 square feet
Lease length: 10 years
Asking rent: Approx. $50 per square foot
Asset type: Office
Brokers: Adams & Co.’s David Levy and Brett Maslin represented the landlord, and Benchmark Properties’ Michael Beyda represented the tenant.

Sales

United Construction & Development buys Long Island City property

Address: 42-61 24th St., N/A 24th St., Queens
Seller: AB Marbec Realty Corp.
Buyer: United Construction & Development
Sales price: $40.1 million
Asset type: Industrial, parking facility

Ciampa Organization sells pair of Long Island City sites

Addresses: 24-01 Queens Plaza North and 41-43 24th St., Queens
Seller: Ciampa Organization
Buyer: Nere 218

→ Continue reading at Crain's New York Business

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