A development site located at Bellport Station Road in Long Island has been sold for a price of $32,250,000. The property, which has a buildable square footage (BSF) of 500,000, was purchased by Black Creek Industrial from Roger Delilsle. The per price buildable square footage (PPBSF) for this transaction stands at $64.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $32,250,000
• Address: Bellport Station Road, Long Island
• Market: Long Island
• BSF: 500,000
• PPBSF: $64

Paramount Properties Group represented the buyer, Black Creek Industrial, and the seller, Roger Delilsle, in this transaction. The team of brokers involved in the deal includes Gary J. Chimeri, Luciano Oliverio, and Sean Campbell from Paramount Properties Group.

For those interested in off-market industrial development and sale leaseback opportunities in Long Island, Paramount Properties Group can be contacted at (631) 414-7878 or visited on their website at www.paramountpg.com.