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Gindi Capital Acquires 163K-SF Office Building, Retail Condos in Downtown Brooklyn

Family-owned investment firm Gindi Capital paid a combined $70 million for the control of two commercial properties in Downtown Brooklyn. The properties changed hands from seller Pimco Prime Real Esta

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Summary

Family-owned investment firm Gindi Capital paid a combined $70 million for the control of two commercial properties in Downtown Brooklyn.

The properties changed hands from seller Pimco Prime Real Estate, which used the entity 490 Lower Unit, across three transactions dated March 19 and recorded Tuesday evening.

The first two deals amounted to $55 million […]

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