(To read more on the industrial market, click here.)

NEW YORK CITY-A 155,000-sf warehouse in the Jackson Heights areaof Queens has sold to Grandland International (NY) LLC's subsidiaryGrandland Real Estate Development Co. for $23 million.Greiner-Maltz brokers, Richard Maltz, Lawrence Reiff, Charles Wongand Adrian Smilovici, represented the seller and procured thebuyer.

The current industrial building located at LaGuardia Airport,will become an exhibition center for Chinese companies to showcasetheir industrial manufacturing and agricultural products. About 200manufacturers will be located in the GrandLand Expo Center.

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