A newly constructed 52,500-square-foot last-mile distribution facility in Frankfort, New York, was sold for $9.85 million. The property, located at 186 Usyk Drive, was fully leased long-term to a leading U.S. home improvement retailer.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $9,850,000
• SF: 52,500
• PPSF: $188
• Address: 186 Usyk Drive
• Market: Frankfort
• Seller: Evan Goldfine & Aaron Marcus - Routine Properties
• Brokers: Vince Aicale, Ryan Forsyth, Scott Crowle & Andrew Bogardus - Cushman & Wakefield

Cushman & Wakefield played a crucial role in facilitating the sale of the industrial property. The deal was finalized with the involvement of key individuals such as Vince Aicale, Ryan Forsyth, Scott Crowle, Andrew Bogardus, Evan Goldfine, and Aaron Marcus, representing Routine Properties in the transaction.