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Innovo Property Group Expands New York Portfolio With Warehouse Acquisition

New York Firm Buys Bronx Warehouse for $54.3 Million
The warehouse at 511 Barry St. in Bronx, New York, totals 140,000 square feet. (CoStar)
The warehouse at 511 Barry St. in Bronx, New York, totals 140,000 square feet. (CoStar)
By Anne Cole Walker
CoStar Research
December 26, 2019 | 7:43 P.M.

Innovo Property Group, a New York-based investment firm, has purchased a warehouse in the Hunts Point neighborhood of Bronx, New York, from Baldor Specialty Foods Inc. for $54.25 million, or about $388 per square foot.

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News | Innovo Property Group Expands New York Portfolio With Warehouse Acquisition