WATERTOWN â The Lundy Group of Companies has divested one of its companies, Northern Developers, LLC, in a sale to local businessmen Jake Johnson and Robert Ferris.
The sale involves a holding company, Northern Developers, LLC, and consists of the Penske Building and adjacent lot in the Jefferson County Industrial Park and Family Dollar stores in West Carthage and Lake Placid.
The sale, which was finalized on Dec. 31, was announced in a news release by Michael E. Lundy, president of The Lundy Group of Companies.
Terms of the deal were not disclosed, but the assets of the company are valued in excess of $6 million, he said.