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New York & Tri-State  + Outer  + Industrial  | 
Three Warehouses to be Developed in St. Louis Under Qualified Opportunity Zone

Seagis Makes Sixth Brooklyn Acquisition

Seagis Property Group has acquired a 14,000-square-foot industrial building located at 250 Johnson Ave. in the East Williamsburg neighborhood of Brooklyn for an undisclosed sum. Seagis purchased the property vacant and will be actively marketing the building for lease. 

This is Seagis’ sixth acquisition in Brooklyn. It increases the Conshohocken, PA-based company’s portfolio in the five boroughs to 59 buildings totaling 1.2 million square feet.

“We are excited to add 250 Johnson Ave. to our Outer Boroughs portfolio because of its irreplaceable location and highly functional building characteristics,” said Stefan Sansone, director with Seagis based out of the company’s Brooklyn office. 

Sansone added, “The warehouse is located two blocks from the Montrose Avenue ‘L’ train with immediate access to Manhattan. We continue to look to add buildings of similar quality to our portfolio.” 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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