Amara Inc. Acquires Industrial Property In Congers, NY For $6.5M

An industrial property located at 25 Hemlock in Congers, NY has been sold. The property spans 80,000 square feet and was sold for $6,500,000, resulting in a price per square foot of $81. The transaction took place on February 1, 2021.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $6,500,000
• Address: 25 Hemlock, Congers, NY
• Market: Congers, NY

The buyer of the property is Amara Inc., while the seller is Arc Capital Partners. The deal was facilitated by brokers Jose Cruz, Jordan Avanzato, Marc Duval, and Frank Recine from JLL.