Biynah Industrial Partners Acquires Industrial Property In Menands For $61M

Biynah Industrial Partners has acquired a property located at 590 Broadway in Menands. The industrial asset was transacted for a loan amount of $61,000,000. The deal, facilitated by brokers Matthew Schoenfeldt and Lucas Borges from JLL Capital Markets, took place on June 20, 2022.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $61,000,000
• Date: 06/20/2022
• Address: 590 Broadway
• Market: Menands
• Landlord: Biynah Industrial Partners
• Brokers: Matthew Schoenfeldt & Lucas Borges - JLL Capital Markets

The acquisition of the industrial property at 590 Broadway in Menands was made possible through a loan. The loan type for this transaction was acquisition.