Adir Levitas Of Faropoint Acquires Industrial Property From Marc Robert In Farmingdale For $31.5M

The property asset involved in this transaction is located at 200 Adams Boulevard in Farmingdale. The industrial asset was sold for $31,500,000 and encompasses a total area of 190,000 square feet, resulting in a price per square foot of $166.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $31,500,000
• Address: 200 Adams Boulevard
• Market: Farmingdale
• Square Footage: 190,000
• Price per Square Foot: $166
• Buyer: Adir Levitas - Faropoint
• Seller: Marc Robert
• Broker Representatives: Brett Siegel & Brian Schulz - Newmark

This transaction involved key individuals, including Adir Levitas representing the buyer, Faropoint, and Marc Robert, the seller. The brokers facilitating the deal were Brett Siegel and Brian Schulz from Newmark, who played a crucial role in the successful closing of the transaction.