Sales Beat

Boston-Based TA Associates Soars With $57.2 M. Pickup of Rare JFK Portfolio

(Credit: onacrew.com)

TA Associates Realty has purchased a 12-building, 481,000-square-foot portfolio adjacent to JFK International Airport’s runway system in Queens, N.Y., known as the JFK Air Cargo Portfolio, for $57.2 million, The Commercial Observer has learned.  The portfolio includes eight land parcels.

“Opportunities to acquire portfolios in the JFK market occur every other decade,” said Gary Gabriel of Cushman & Wakefield in a statement. Read More