This building has an especially high “cap” rate. The owner of a 7.3-acre site that houses a 202,000-square-foot Coca-Cola bottling plant in Queens’ Maspeth neighborhood is putting it on the market, sources told The Real Deal. The property at 59-02 Borden Avenue is triple-net-leased to the Coca-Cola Bottling Company until its expiration in three years. The two-story warehouse, built in the 1950s, offers 316,200 buildable square feet, according to marketing materials. The owner, Kaymac Corporation, […]