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Featured Properties
Brooklyn Arena Pulls More Retail
May 4, 2012BY JOSEPH DE AVILA
A real-estate investment company has closed on the purchase of a 105-year-old industrial building near the site of the new Barclays Center sports arena in Brooklyn.
Waterbridge Capital is considering turning the 40,000-square-foot facility at 700 Atlantic Ave. into a retail center, a person familiar with the matter said. Waterbridge bought the property for about $7 million, this person said.
Waterbridge Capital’s purchase is the latest example of real-estate firms attempting to capitalize on properties near the new arena in a rapidly transforming section of …
