Dov Hertz’s DH Property Holdings has acquired a 45-acre development site at 1900 South Avenue on Staten Island’s western coast for a reported $65 million. Cushman & Wakefield served as the exclusive advisor to DH Property Holdings to set up a joint venture to developed the property as a warehouse/distribution hub. An Equity, Debt & Structured Finance team of John Alascio, Sri Vankayala, Chuck Kohaut, TJ Sullivan and Emily Johansen arranged acquisition financing, which was provided by CIM Group. “The DH Property Holdings team did an outstanding job bringing this unique site under contract to purchase off market, recognizing its irreplaceable location in one of the most sought-after industrial markets