Steven Millstein Of The STRO Companies And Jon Kushner Of The KRE Group Acquire Industrial Asset For $18M

The property asset involved in this transaction is an industrial building located at 1 Paul Kohner in Elmwood Park. The sale price was $18,000,000 for a total of 117,000 square feet, resulting in a price per square foot of $153.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $18,000,000
• Address: 1 Paul Kohner
• Market: Elmwood Park
• Square Footage: 117,000
• Price Per Square Foot: $153
• Buyer: Steven Millstein - The STRO Companies
• Buyer: Jon Kushner - The KRE Group
• Seller's Representative: Seth Zuidema - Cushman & Wakefield
• Seller's Representative: Gary Gabriel - Cushman & Wakefield
• Seller's Representative: Kyle Schmidt - Cushman & Wakefield

This transaction involved notable individuals and entities in the brokerage field. The sale was facilitated by Seth Zuidema, Gary Gabriel, and Kyle Schmidt, all representing the seller through Cushman & Wakefield, ensuring a professional engagement throughout the process.