Farmingdale warehouse sells for $24.9M | Long Island Business News
The 93,971-square-foot building on 4.35 acres traded for more than three times what it sold for just two years ago.
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The 93,971-square-foot building on 4.35 acres traded for more than three times what it sold for just two years ago.
C&W team arranges $114M financing for multi-state deal
Share Cushman & Wakefield has arranged the sale of the Moorestown Distribution Center, a 272,682 s/f industrial asset located at 14 Sbar Boulevard, 10 miles from Center City Philadelphia. The final sale price was $23,250,000. A Cushman & Wakefield team of Gary Gabriel, Kyle Schmidt, David Bernhaut and Seth Zuidema, with assistance from local leasing specialists John Gartland and Jonas Skovdal, represented the seller, the Piperno Family, owner of craft wholesaler Sbar’s. NorthBridge Partners acquired the asset. “This sale marks a significant milestone after more than 30 years of busin...
DEVILS LAKE JOURNAL SPECIAL FEATURE NORTH DAKOTA– Tim Gienger, Clinical Director at Dakota Boys and Girls Ranch, received the Employer Support of the Guard and Reserve (ESGR) Patriot Award recently for the extraordinary support he provides his employee Kyle Schmidt, Captain, North Dakota Army National Guard. “The Patriot Award was created by ESGR to publicly recognize individuals who provide outstanding patriotic support and cooperation to their employees who have answered their nation’s call to serve,” said ESGR State Chair, Mr. Delton Steele. “Supportive supervisors are critical...
SALES The McSam Hotel Group has sold a 7,000 s/f, three-story building at 152 West 24th Street between Sixth and Seventh Avenues (pictured top) for $7.68 million. Joe Genovese of Lee Odell Real Estate represented the seller. Savills represented the buyer, Bideawee animal welfare and pet adoption organization. The nonprofit will re-locate from its Midtown East location and, following a comprehensive renovation of the building, the property will serve as a state-of-the-art pet adoption center. Bideawee projects a move in date of fall 2021. The current Manhattan location, at 410 East 38 Stree...