W-G Capital Advisors, a U.S. real estate investment advisory services provider, has completed the acquisition of an 80,000-square-foot warehouse in Red Hook, Brooklyn.

The firm, a joint venture initiative of West Group and Shanghai Greencourt Group (US), bought the property from 145-65 Wolcott St. Realty Corps.

W-G Capital Advisors paid $21.5 million to acquire the asset, located at 145-165 Wolcott Street between Ferris and Dikeman Streets.

More so, Manzione Real Estate, which is owned by Realty Collective, was the broker on the deal.