BlackRock Real Assets Acquires Industrial Property In Long Island From Seller Eric Witmondt

Larry Fink, Jeff Bezos, and Eric Witmondt were involved in a recent property transaction in Long Island. The property, located at 100 Precision Drive, is an industrial asset. The buyer, BlackRock Real Assets, purchased the property from Eric Witmondt of Woodmont Industrial Partners. Amazon is the tenant of the property.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $30,700,000
• Date: 03/23/2021
• Address: 100 Precision Drive, Long Island
• Square Footage: 130,565
• Price Per Square Foot: $235

In addition to the buyer and seller, notable individuals in this deal include Larry Fink, Jeff Bezos, and Eric Witmondt. BlackRock Real Assets represented the buyer, while Woodmont Industrial Partners represented the seller. The involvement of these individuals and companies highlights the significance of the transaction.