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JAMAICA, NY-Seagis Property Group has acquired a 500,000-sf portfolio here adjacent to JFK International Airport for $58 million. The properties include 26 industrial buildings, adjoining land parcels and one office building located in Springfield Gardens. The seller was a consortium of private investors.

"The acquisition of this portfolio in the New York Metro market complements our strategy of acquiring industrial facilities in supply constrained markets serving major transportation/population centers," says John Begier, Seagis principal. The buildings are approximately 90% leased to more than 100 tenants. Most are involved in the air freight and customs brokerage industry.

Seagis has made a number of other transportation-related acquisitions. Seagis paid $13 million for a 171,000-sf building in Beacon Industrial Park, which is located less than a mile from Miami International Airport. In the same Airport West market, the company owns the 57,000-sf industrial building at 3100 NW 74th Ave. In its first acquisition, the firm bought a 175,000-sf distribution facility at 3000 NW 125th St.--near the Miami Airport and the Port of Miami--for $8.1 million. The firm also owns the 163,000-sf industrial building at 200 Hollister Rd in Teterboro, NJ, near the Teterboro Airport.