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HomeDepot Acquires Industrial Property In Queens For $63M

Property Image
SOLD

New Jersey

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Industrial202,050 SF
Sold 09/17/2017
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Property Image
SOLD

HomeDepot Acquires Industrial Property In Queens For $63M

59 02 Borden Ave, Flushing, Ny 11378, Usa

See Similar Deals
Industrial202,050 SF
Sold 09/17/2017

Summary

NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:202,050 SF
Transaction Type:Sale

The industrial property located at 59-02 Borden Avenue in Queens, New York has been sold in a closed transaction. The property was purchased by @HomeDepot for a total price of $63,000,000. The seller of the property was Coca-Cola European Partners. The transaction was facilitated by Pinnacle Realty of NY, who represented the buyer in the deal.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $63,000,000
  • Address: 59-02 Borden Avenue
  • City: New York
  • Market: Queens

Pinnacle Realty of NY played a crucial role in the transaction as the broker representing @HomeDepot. Their expertise and negotiation skills were instrumental in the successful purchase of this industrial property. This deal marks a significant milestone for both the buyer and the seller, further highlighting the importance of the industrial market in Queens.

Players

BUYER

Details

SOLD
IMAGE: 08/17/2017 NAME: @Cocacola Building ADDRESS: 59-02 Borden Avenue CITY: New York MARKET: Queens ASSET TYPE: Industrial PRICE: $63,000,000 SELLER: Coca-Cola European Partners BUYER: @HomeDepot BROKER: Pinnacle Realty of NY

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