Seagis buys industrial portfolio in NYC

Seagis Property Group has acquired six warehouse buildings totaling 68,000 square feet in the JFK Submarket of South Queens. The price was not disclosed. Seagis now owns 52 buildings totaling more than 1 million square feet throughout the Outer Boroughs of New York City. In January, the firm also acquired a 79,920-square-foot warehouse at 5700 49th Place in the Maspeth Submarket of Queens, N.Y. After this transaction Seagis owned 46 buildings in the Outer Boroughs totaling approximately 1 million square feet, according to Omer Mir Ahmed, principal at Seagis Property Group. Seagis Property Group  is an owner of industrial real estate in South Florida, New Jersey and the New York metropolitan area. It owns and operates more than 10 million square feet of industrial buildings in logistically driven locations along the Eastern Seaboard. Seagis is headquartered in suburban Philadelphia.