NEW YORK CITY-Manhattan-based Storage Deluxe has bought a96,000-square-foot parcel at 41-06 Delong Street in Flushing for$14.3 million. The storage outfit will build a seven-story storagefacility on the site.

The new facility will have 160,000 square feet for storage andmore than 26,000 square feet for industrial-flex or retail use onthe ground floor. Furthermore, Storage Deluxe is planning to rent aseparate 7,350-square-foot structure on the parcel to a retailer.Delong Realty Company was the seller. Harvest Internationalbrokered the deal. For the full story, go to Crain's New York Business .


GlobeSt.com News Hub is your link torelevant real estate and business stories from other local,regional and national publications.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.