Venture One Acquires Industrial Property In Holtsville For $9.5M

Located at 889 Waverly Ave in Holtsville, this industrial property was recently sold in a closed transaction. The sale was facilitated by brokers Tommy Rosati, Jason Maietta, and Brandon Lichtenstein from Colliers International. The property spans 50,061 square feet and was sold for $9,500,000, resulting in a price per square foot of $189.

Summary of transaction details:

• Property Type: Industrial
• Sale Price: $9,500,000
• Square Footage: 50,061
• Price per Square Foot: $189
• Date: 06/03/2022
• Address: 889 Waverly Ave
• Market: Holtsville

Venture One, represented by Brian McDonagh, acted as the buyer in this transaction, while Jeff Ehrlich served as the seller. The sale marks a significant deal in the Holtsville market, demonstrating the strength of the local industrial sector.