Brief
Bridges Development Group Buys Kingswood Center in Brooklyn for $31M
Kingswood Center in Brooklyn’s Midwood neighborhood has a new owner, Commercial Observer has learned. The 229,926-square-foot shopping center at 1630 East 15th Street sold for $31 million to Michael
Summary
Kingswood Center in Brooklyn’s Midwood neighborhood has a new owner, Commercial Observer has learned.
The 229,926-square-foot shopping center at 1630 East 15th Street sold for $31 million to Michael Berfield’s Bridges Development Group, according to broker JLL.
The sale marks a steep discount from the $89 million that the shopping center fetched in early 2020, […]
Source
- Commercial Observercommercialobserver.com
