Denholtz recaps 685,000 s/f industrial portfolio rew-online.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rew-online.com Daily Mail and Mail on Sunday newspapers.
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JLL Capital Markets announced that it closed the $53.5 million sale of a fully leased, three-building, value-add light industrial portfolio totaling 260,755 square feet along with an adjacent 23-acre development parcel in the Rockland County community of Valley Cottage, New York.
JLLmarketed the property on behalf of the sellers, Sasson Real Estate Group and Garelick Holdco LLC. Lincoln Equities and PCCP purchased the assets.
The portfolio is situated at 616 and 618
Corporate Way and 711 Executive Blvd. in Valley Cottage, which is approximately
30 miles north of Midtown Manhattan. The properties and land site are situated
just off Route 303 and proximate to U.S. Route 9W, Interstate 287 and the Mario