Commercial Observer Terreno Realty Corp. has paid $50.1 million, or $1,518/sf, for the 33,000-square-foot industrial property at 49-15 Maspeth Ave. in Queens, N.Y. The Bellevue, Wash., REIT purchased the building from logistics company XPO Inc. The property is fully leased to plumbing distributor FW Webb. It has four loading docks, 50 trailer positions and 31 […]

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