A partnership between Starwood and NJ-based Onyx Equities has acquired a light industrial portfolio including 10 properties near John F. Kennedy International Airport.
The portfolio, located along Doughty Boulevard and Inip Drive and encompassing 18 acres and 500K SF, was sold by the Ben Elias Industries, a 77-year-old apparel company that started liquidating assets last year, Crain's reported.
CBRE represented the seller in the transaction. The reported purchase price translates to about $291 per square foot.
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