Driscoll Foods Acquires Mid-Hudson Logistics Center From Winstanley Enterprises For $43M
1 Van Bergen Street
$43,000,000
$129/SF
Building Size
333,386 SF
Asset Type
Industrial
Closing
Jun 26, 2026
AI
Driscoll Foods has acquired the Mid-Hudson Logistics Center, a 333,386-square-foot industrial property located at 1 Van Bergen Street in West Coxsackie, New York. The asset spans 30.7 acres and was sold for $43 million, resulting in a price per square foot of $129.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $43,000,000
- Address: 1 Van Bergen Street
- Market: West Coxsackie
- Buyer: Driscoll Foods
- Seller: Winstanley Enterprises
- Broker: James Panczykowski - JLL
- Square Footage: 333,386
- Price per Square Foot: $129
- Acres: 30.7
This transaction highlights the role of James Panczykowski from JLL, who represented the buyer, Driscoll Foods, in their expansion of the Northeast distribution network, particularly through the addition of a tri-temperature cold storage facility. Winstanley Enterprises was the seller of the property.
Players
Rochester Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.37%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93