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MD Group Buys Queens Industrial Building Sell for $5.3M

Investor Sells 113,000 SF at 48-05 Metropolitan
By Selena Lewis
March 8, 2006 | 9:00 P.M.

The group 48-05 Metropolitan Realty LLC sold its industrial building at 48-05 Metropolitan Ave. in the Ridgewood neighborhood of Queens for $5.3 million, or approximately $47 per square foot. American Storage Properties North LLC of Potomac, MD is the new owner.

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