W. P. Carey Acquires Industrial Property In Rome, NY For $137M

Located at 1 Atlas Drive in Rome, NY, this industrial property was recently sold in a closed transaction. The property spans a total area of 779,000 square feet, offering ample space for industrial operations. The sale price for this property was recorded at $137,000,000, resulting in a price per square foot of $175.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $137,000,000
• Address: 1 Atlas Drive, Rome, NY
• Market: Rome, NY
• Buyer: W. P. Carey - Gino Sabatini

Gino Sabatini, representing W. P. Carey, played a key role in the completion of this transaction. Acting as the buyer's representative, Sabatini facilitated the acquisition of this industrial property, ensuring a successful deal for his client.