206 Kent Avenue Acquired by G4 Capital Partners | Real Estate Services M&A Deal

G4 Capital Partners has completed the acquisition of 206 Kent Avenue, a real estate development business in New York, for $65 million. The Williamsburg, Brooklyn property is a five-story, full-block site with a 110,000-square-foot footprint anchored by Trader Joe’s, supporting ongoing real estate services operations and leasing. G4 Capital Partners acquisitions in NY focus on repositioning and rezoning optionality for office-and-retail space, including plans to expand to 14 stories and create 143 housing units. The divestiture acquisition is backed by private equity acquisition strategy, with Acore Capital Management providing $52.5 million in acquisition financing.