Good Meats Acquires Industrial Property At 430 Wireless Boulevard Hauppauge For $19M

The industrial asset is located at 430 Wireless Boulevard in Hauppauge. The sale occurred on January 8, 2025, with a total sale price of $19,000,000. This property encompasses a total square footage of 50,000, resulting in a price per square foot of $380.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $19,000,000
• Square Feet: 50,000
• Price per Square Foot: $380
• Buyer: Good Meats
• Buyer's Representative: John Giannuzzi, Nicholas (Nick) Gallipoli, Thomas DeLuca & Frank Frizalone - Cushman & Wakefield
• Seller's Representative: Philip Shwom - Schacker Real Estate

The transaction involved significant participation from Cushman & Wakefield, with a team of four professionals representing the buyer. Philip Shwom served as the representative from Schacker Real Estate for the seller. The collaboration among these real estate professionals facilitated the closing of this transaction.