Updated Sep 17, 2026
Camber Real Estate Partners And LaSalle Investment Management Acquire Industrial Asset For $75M
1 Johnson Road, 1250 New Horizons Boulevard & 1500 New Horizons Boulevard
$75,000,000
$277/SF
Building Size
270,690 SF
Asset Type
Industrial
Closing
Aug 25, 2026
About this deal
AI
The property asset involved in this transaction is an industrial asset with a total square footage of 270,690 located at 1 Johnson Road, 1250 New Horizons Boulevard & 1500 New Horizons Boulevard in the Inwood & Amityville market. The sale price was recorded at $75,000,000, equating to a price per square foot of $277.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $75,000,000
- Square Footage: 270,690
- Address: 1 Johnson Road, 1250 New Horizons Boulevard & 1500 New Horizons Boulevard
- Market: Inwood & Amityville
- Price per Square Foot: $277
- Buyers: Camber Real Estate Partners & LaSalle Investment Management
- Brokers: Tyler Peck, Andrew Scandalios & John Huguenard - JLL
- Transaction Date: 08/25/2026
The transaction involved notable participants, including Camber Real Estate Partners and LaSalle Investment Management as buyers. The brokers facilitating this deal were Tyler Peck, Andrew Scandalios, and John Huguenard, who represented the transaction through JLL.
Players
New York Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.21%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93