Henbert Interiors Acquires Industrial Property From Vemars Products In Richmond Hill For $1.62M

The property involved in this transaction is an industrial asset located at 87-68 130th Street in Richmond Hill. The sale price for the property was $1,620,000, with a total square footage of 4,000, resulting in a price per square foot of $405.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $1,620,000
• Buyer: Henbert Interiors
• Seller: Vemars Products
• Market: Richmond Hill
• Sale Date: 11/13/2025
• Brokers: Eli Roerden, Bobby Lawrence & Andrew Marcus - Matthews

Andrew Marcus sourced bridge debt to resolve complications with the buyer's SBA financing, enabling a successful closing within two weeks of engaging the lender. Notably, this transaction established a new price-per-square-foot record for warehouse property in Richmond Hill.