Commercial Observer Terreno Realty Corp. has paid $23 million, or about $418/sf, for a 55,000-square-foot industrial property at 42-11 Ninth St. in Queens, N.Y. The Bellevue, Wash., REIT bought the property, which sits on a 1.1-acre site in the borough’s Long Island City area, from Titan Contracting in a deal brokered by JLL. The property […]

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