Prices are trending upward for industrial sites, too Report shows PPSF growth in all five boroughs
Source: Ackman-Ziff Real Estate
UPDATED, 11:37 a.m., Feb. 13: Industrial real estate prices are trending upwards across New York City, according to a new data analysis from Ackman-Ziff Real Estate.
Boosted by the e-commerce sector s demand for distribution centers, between 2013 and 2017 the average price per foot rose 81 percent in the Bronx, 76 percent in Manhattan, 76 percent in Brooklyn, 59 percent in Staten Island and 30 percent in Queens.
Although many major industrial sites have traded to developers looking for land on which to build office and residential towers (think the Na上海贵族宝贝交流区